ducovest

FIG:CA:TSX-First Asset Investment Grade Bond ETF

ETF | --- | Toronto Stock Exchange

Last Closing

CAD 10.93

Change

0.00 (0.00)%

Market Cap

CAD 0.10B

Volume

0.02M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The First Asset ETF'S investment objective are 1 to provide Unithoders with monthy cash distributions and 2 to maximize total returns for Unitholders consisting primarily of monthly distributions, while reducing risk and preserving capital. Under normal market conditions, the ETF will be primarily invested in investment grade bonds, and investment grade debt securities.

Company Website : www.firstasset.com

Currency: CAD

Country : Canada

Inception Date: 23/10/2009

Primary Benchmark: FTSE Canada All Corp Bond

Primary Index: Citi Canadian GBI CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.78 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
TRI Thomson Reuters Corp 1.03 %
SAPIF Saputo Inc 1.00 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-05-19 )

Largest Industry Peers for ---

Symbol Name Mer Price(Change) Market Cap
HXQ:CA Horizons NASDAQ-100® Index ET.. 0.00 %

-0.58 (-0.85%)

 CAD 0.59B
IGB:CA Purpose Global Bond Class ETF 0.00 %

-0.11 (-0.62%)

 CAD 0.33B
HTB:CA Horizons US 7-10 Year Treasury.. 0.00 %

-0.28 (-0.52%)

 CAD 0.31B
HEA:CA Horizons Enhanced Income US Eq.. 0.00 %

N/A

 CAD 0.14B
DLR:CA Horizons U.S. Dollar Currency .. 0.00 %

-0.04 (-0.29%)

 CAD 0.09B

ETFs Containing FIG:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (---) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.53% 30% F 38% F
Dividend Return 1.20% 63% D 43% F
Total Return 3.73% 30% F 38% F
Trailing 12 Months  
Capital Gain 1.39% 50% F 69% C-
Dividend Return 3.56% 53% F 47% F
Total Return 4.95% 54% F 70% C-
Trailing 5 Years  
Capital Gain -4.46% 50% F 52% F
Dividend Return 20.95% 67% D+ 64% D
Total Return 16.49% 63% D 56% F
Average Annual (5 Year Horizon)  
Capital Gain -1.50% 27% F 31% F
Dividend Return 2.75% 50% F 44% F
Total Return 4.31% 93% A 71% C-
Risk Return Profile  
Volatility (Standard Deviation) 3.54% 91% A- 85% B
Risk Adjusted Return 77.61% 82% B 81% B-
Market Capitalization 0.10B 100% F 82% B

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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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.