ducovest

CED:CA:TSX-First Asset Core Canadian Equity ETF

ETF | Canadian Equity | Toronto Stock Exchange

Last Closing

CAD 22.49

Change

0.00 (0.00)%

Market Cap

CAD 0.02B

Volume

2.02K

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The First Asset Core Canadian Equity ETF?s investment objective is to seek to provide holders of its units with: (i) long term capital appreciation with an attractive risk-adjusted rate of return; and (ii) consistent dividend income; through investing the First Asset ETF?s portfolio to gain exposure to equity securities of primarily large capitalization Canadian issuers.

Company Website : www.firstasset.com

Currency: CAD

Country : Canada

Inception Date: 14/01/2015

Primary Benchmark: S&P/TSX Composite TR

Primary Index: S&P/TSX Composite TR

Gross Expense Ratio: NA%

Management Expense Ratio: 1.00 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2018-06-24 )

Largest Industry Peers for Canadian Equity

Symbol Name Mer Price(Change) Market Cap
XIU:CA iShares S&P/TSX 60 0.18 %

+0.01 (+0.03%)

 CAD 12.31B
XIC:CA iShares Core S&P/TSX Capped Co.. 0.06 %

+0.01 (+0.03%)

 CAD 11.42B
ZCN:CA BMO S&P/TSX Capped Composite 0.05 %

+0.01 (+0.03%)

 CAD 7.38B
VCN:CA Vanguard FTSE Canada All Cap 0.06 %

+0.03 (+0.07%)

 CAD 6.54B
HXT:CA Horizons S&P/TSX 60 Index ETF 0.03 %

N/A

 CAD 3.86B
ZLB:CA BMO Low Volatility Canadian Eq.. 0.39 %

-0.04 (-0.09%)

 CAD 3.49B
VCE:CA Vanguard FTSE Canada 0.06 %

+0.04 (+0.08%)

 CAD 1.68B
QCN:CA Mackenzie Canadian Equity Inde.. 0.06 %

+0.12 (+0.09%)

 CAD 1.37B
WXM:CA First Asset Morningstar Canada.. 0.67 %

+0.04 (+0.15%)

 CAD 0.55B
MKC:CA Mackenzie Maximum Diversificat.. 0.59 %

-0.06 (-0.18%)

 CAD 0.41B

ETFs Containing CED:CA

N/A

Market Performance

  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
YTD  
Capital Gain 3.59% 81% B- 75% C
Dividend Return 1.04% 69% C- 30% F
Total Return 4.63% 89% A- 76% C+
Trailing 12 Months  
Capital Gain 10.41% 74% C 75% C
Dividend Return 2.86% 75% C 37% F
Total Return 13.27% 85% B 75% C
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A F
Dividend Return N/A N/A N/A N/A F
Total Return N/A N/A N/A N/A F
Average Annual (5 Year Horizon)  
Capital Gain 1.86% 24% F 52% F
Dividend Return 2.67% 21% F 36% F
Total Return 0.82% 34% F 16% F
Risk Return Profile  
Volatility (Standard Deviation) 8.23% 56% F 71% C-
Risk Adjusted Return 32.46% 12% F 42% F
Market Capitalization 0.02B 28% F 14% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

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.

What to like:

There is nothing we particularly like

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.