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Financial Services Equity
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Click for more information on Fundata’s ESG Grade
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2023
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|
NAVPS (11-20-2024) |
$20.98 |
|---|---|
| Change |
$0.07
(0.33%)
|
As at October 31, 2024
As at October 31, 2024
As at July 31, 2024
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Inception Return (February 06, 2008): 9.46%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 0.70% | 12.83% | 20.13% | 21.28% | 43.36% | 19.80% | 10.77% | 20.03% | 12.54% | 13.04% | 10.17% | 11.58% | 11.58% | 10.35% |
| Benchmark | 2.26% | 5.53% | 16.06% | 25.25% | 39.54% | 22.18% | 10.79% | 17.57% | 10.11% | 10.58% | 8.61% | 10.20% | 9.30% | 9.76% |
| Category Average | 1.96% | 7.06% | 15.79% | 21.69% | 41.92% | 15.75% | 5.96% | 16.40% | 9.82% | 9.83% | 8.02% | 9.84% | 9.00% | 8.85% |
| Category Rank | 50 / 76 | 1 / 76 | 6 / 76 | 39 / 75 | 24 / 75 | 17 / 65 | 6 / 56 | 8 / 56 | 5 / 51 | 8 / 49 | 9 / 45 | 11 / 40 | 6 / 33 | 14 / 32 |
| Quartile Ranking | 3 | 1 | 1 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 9.88% | 7.57% | -0.46% | 1.19% | 4.58% | -4.16% | 3.49% | -2.51% | 5.54% | 5.31% | 6.39% | 0.70% |
| Benchmark | 7.51% | 3.63% | 1.30% | 4.53% | 3.76% | -1.77% | 3.17% | -0.07% | 6.67% | 1.09% | 2.08% | 2.26% |
17.76% (April 2009)
-19.75% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 10.77% | -2.51% | 26.09% | 12.21% | -12.68% | 25.61% | -0.56% | 33.74% | -6.50% | 16.86% |
| Benchmark | 14.35% | 14.20% | 6.34% | 15.24% | -4.99% | 19.43% | -5.24% | 22.05% | -5.68% | 13.41% |
| Category Average | 10.01% | 6.19% | 11.10% | 15.65% | -8.72% | 20.37% | 0.17% | 28.60% | -10.67% | 9.26% |
| Quartile Ranking | 4 | 3 | 1 | 3 | 4 | 2 | 3 | 2 | 1 | 1 |
| Category Rank | 23/ 30 | 24/ 33 | 4/ 33 | 23/ 41 | 39/ 45 | 16/ 49 | 33/ 51 | 15/ 56 | 7/ 56 | 5/ 65 |
33.74% (2021)
-12.68% (2018)
| Name | Percent |
|---|---|
| Canadian Equity | 100.00 |
| Name | Percent |
|---|---|
| Financial Services | 100.00 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| National Bank of Canada | 10.22 |
| Canadian Imperial Bank of Commerce | 10.09 |
| Toronto-Dominion Bank | 10.08 |
| Great-West Lifeco Inc | 10.05 |
| Sun Life Financial Inc | 9.99 |
| Bank of Montreal | 9.97 |
| Bank of Nova Scotia | 9.96 |
| iA Financial Corp Inc | 9.94 |
| Manulife Financial Corp | 9.86 |
| Royal Bank of Canada | 9.85 |
iShares Equal Weight Banc & Lifeco ETF
Median
Other - Financial Services Equity
| Standard Deviation | 16.24% | 18.51% | 16.01% |
|---|---|---|---|
| Beta | 1.02% | 1.05% | 0.91% |
| Alpha | 0.00% | 0.02% | 0.02% |
| Rsquared | 0.73% | 0.79% | 0.61% |
| Sharpe | 0.50% | 0.61% | 0.60% |
| Sortino | 0.86% | 0.85% | 0.77% |
| Treynor | 0.08% | 0.11% | 0.11% |
| Tax Efficiency | 85.44% | 87.38% | 86.81% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 14.63% | 16.24% | 18.51% | 16.01% |
| Beta | 1.21% | 1.02% | 1.05% | 0.91% |
| Alpha | -0.04% | 0.00% | 0.02% | 0.02% |
| Rsquared | 0.57% | 0.73% | 0.79% | 0.61% |
| Sharpe | 2.25% | 0.50% | 0.61% | 0.60% |
| Sortino | 6.57% | 0.86% | 0.85% | 0.77% |
| Treynor | 0.27% | 0.08% | 0.11% | 0.11% |
| Tax Efficiency | 95.26% | 85.44% | 87.38% | 86.81% |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| Start Date | February 06, 2008 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $224 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| N/A | ||
CEW's investment objective is to provide unitholders with a diversified equal weighted investment in a portfolio of common shares of the largest Canadian banks and Canadian life insurance companies. Cash distributions on the Common units and Advisor Class Units of CEW are expected to be made monthly and will be derived from dividends received by CEW on the CEW Portfolio. Such distributions may also include capital gains and returns of capital.
The passive equal weighting approach is intended to reduce the risks to investors of increasing exposure to any single investment. Constituent Issuers are selected for inclusion in the CEW Portfolio based on the following criteria: (i) the minimum market capitalization of such an issuer is $5 billion for banks and $1.5 billion for life insurance companies and (ii) the issuer must be a Canadian bank or a Canadian life insurance company.
| Name | Start Date |
|---|---|
| BlackRock Canada | 02-06-2008 |
| BlackRock Institutional Trust Company, N.A. | 02-06-2008 |
| Fund Manager | BlackRock Asset Management Canada Limited |
|---|---|
| Advisor | BlackRock Canada |
| Custodian | State Street Trust Company Canada |
| Registrar | State Street Trust Company Canada |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
| MER | 0.61% |
|---|---|
| Management Fee | 0.55% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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