The fund seeks to replicate, to the extent possible, the performance of the Solactive Equal Weight US Bank Index Canadian Dollar Hedged (the "Index"), net of expenses. The investment strategy of the fund is to invest in and hold the constituent securities of the Index in the same proportion as they are reflected in the Index. The Index consists of large capitalization United States banks. Each security in the Index is allocated an equal weight rather than a market capitalization weight.
Inception Date: 10/02/2014
Primary Benchmark: Solactive Equal Weight US Bank
Primary Index: MSCI World/Financials GR CAD
Gross Expense Ratio: NA%
Management Expense Ratio: 0.39 %
|FRC||FIRST REPUBLIC BANK||5.91 %|
|BBT||BB&T Corporation||5.72 %|
|MTB||M&T Bank Corporation||5.70 %|
|ZION||Zions Bancorporation N.A.||5.52 %|
|BAC||Bank of America Corporation||5.40 %|
|USB||U.S. Bancorp||5.38 %|
|FITB||Fifth Third Bancorp||5.36 %|
|STI||SunTrust Banks Inc.||5.33 %|
|CMA||Comerica Incorporated||5.27 %|
|HBAN||Huntington Bancshares Incorporated||5.19 %|
|ZWB:CA||BMO Covered Call Canadian Bank..||0.72 %||
|ZEB:CA||BMO Equal Weight Banks Index E..||0.62 %||
|XFN:CA||iShares S&P/TSX Capped Financi..||0.61 %||
|ZUB:CA||BMO Equal Weight US Banks Hedg..||0.39 %||
|FSF:CA||First Asset Global Financial S..||1.41 %||
|FLI:CA||First Asset U.S. & Canada Life..||0.94 %||
|CEW:CA||iShares Equal Weight Banc & Li..||0.60 %||
|CIC:CA||First Asset CanBanc Income Cla..||0.84 %||
|HFMU.U:CA||Hamilton Capital U.S. Mid-Cap ..||1.01 %||
|RBNK:CA||RBC Canadian Bank Yield Index ..||0.34 %||
|Market Performance vs. Industry/Classification (Financial Services 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)||18.20%||18%||F||41%||F|
|Risk Adjusted Return||95.62%||100%||A+||87%||B+|
|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.
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.
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.
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