The First Asset Morningstar Canada Momentum Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar? Canada Target Momentum Index?, net of expenses. The First Asset Morningstar Canada Momentum Index ETF invests in equity securities of the largest and most liquid Canadian issuers based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to Canadian issuers which have demonstrated, among other things, positive momentum in earnings and price.
Inception Date: 15/02/2012
Primary Benchmark: Morningstar Canada Tgt Mtum TR CAD
Primary Index: S&P/TSX Composite TR
Gross Expense Ratio: NA%
Management Expense Ratio: 0.67 %
|KL:CA||Kirkland Lake Gold Ltd.||3.60 %|
|SHOP:CA||Shopify Inc. Class A Subordinate Voting Shares||3.57 %|
|CIGI:CA||Colliers International Group Inc. Subordinate Voting Shares||3.51 %|
|WFT:CA||West Fraser Timber Co. Ltd.||3.50 %|
|FSV:CA||FirstService Corporation Subordinate Voting Shares||3.43 %|
|BAD:CA||Badger Daylighting Ltd.||3.38 %|
|AC:CA||Air Canada Voting and Variable Voting Shares||3.38 %|
|DOL:CA||Dollarama Inc.||3.37 %|
|DSG:CA||Descartes Systems Group Inc. (The)||3.35 %|
|GEI:CA||Gibson Energy Inc.||3.33 %|
|XIU:CA||iShares S&P/TSX 60 Index ETF||0.17 %||
|XIC:CA||iShares Core S&P/TSX Capped Co..||0.06 %||
|ZCN:CA||BMO S&P/TSX Capped Composite I..||0.06 %||
|HXT:CA||Horizons S&P/TSX 60 Index ETF||0.03 %||
|VCN:CA||Vanguard FTSE Canada All Cap I..||0.06 %||
|HXT.U:CA||Horizons S&P/TSX 60 Index ETF||0.03 %||
|ZLB:CA||BMO Low Volatility Canadian Eq..||0.39 %||
|VCE:CA||Vanguard FTSE Canada Index ETF||0.06 %||
|TLV:CA||Invesco S&P/TSX Composite Low ..||0.34 %||
|MKC:CA||Mackenzie Maximum Diversificat..||0.67 %||
|Market Performance vs.
Industry/Classification (Canadian Equity)
|Market Performance vs. Exchange (Toronto Stock Exchange)|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||10.79%||22%||F||59%||F|
|Risk Adjusted Return||59.17%||69%||D+||69%||D+|
|Target Price Action||Rating Action||Analyst||Rating||Price||Date|
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
The company has under performed its peers on annual average total returns in the past 5 years.