Key stats
About ISHARES CDN FINANCIAL MTHLY INC FD COM UNIT
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Inception date
Apr 16, 2010
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
BlackRock Asset Management Canada Ltd.
The fund seeks to maximize total return and generate a monthly target distribution of $0.05 per unit by holding a portfolio of various securities from issuers in the Canadian financial sector. These securities can be in a form of common shares, preferred shares, corporate bonds and income trust units. In constructing FIEs Portfolio, its sub-advisor refers to a model portfolio provided by Manulife Investment Management. The model portfolio is guided by fund-specific risk management techniques by Manulife, and utilizes a disciplined bottom-up approach employing strict quantitative stock selection disciplines. Note that FIE, on top of its net assets, has also entered into a loan facility with a Canadian financial institution to purchase additional securities for working capital purposes. FIE can borrow up to 15% of its NAV.
Classification
What's in the fund
Exposure type
Finance
ETF
Stocks71.06%
Finance71.06%
Bonds, Cash & Other28.94%
ETF28.73%
Cash0.21%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.