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StockPointer® Canadian Equities Model Portfolio Transactions – July 2018

By July 19, 2018 No Comments

As of July 16th, 2018, we rebalanced both the Inovestor StockPointer® Canadian Equity Strategy and its derived investment product, the Horizons Inovestor Canadian Equity ETF (INOC). We proceeded with four transactions in the portfolio. You will find below a summary of our executed trades:

 

Buys:

– Industrial Alliance (IAG:CN) – SPScore. We purchased IAG:CN to replace SLF:CN in the financials sector.

– TFI International (TFII:CN) – Market Trend. Increase of the industrials sector. We had to add a position in the portfolio.

 

Sells:

– Sun Life (SLF:CN) – SPscore. We sold SLF:CN because on a relative basis IAG:CN is a better stock to own in the portfolio.

– Enghouse Systems (ENGH:CN) – Market Trend. Reduction in the info tech sector. We had to remove a position in the portfolio.

 

The Inovestor Team