StockPointer® Canadian Equities Model Portfolio Transactions – April 2019

We have rebalanced the Nasdaq Inovestor Canadian Index based on our Canadian Model Portfolio, which will be effective on April 18th after market close. Here are the details:

Ins:

1. Great-west Lifeco inc. (GWO) – Market Trend. Increase in Financial sector as seen in the Top 100 index therefore increasing our position in the portfolio.
2. Norbord Inc (OSB) – Market Trend. Increase in Materials sector as seen in the Top 100 index therefore increasing our position in the portfolio.
3. Open Text Corporation (OTEX) –  Market Trend. Increase in Information Technology sector as seen in the Top 100 index therefore increasing our position in the portfolio.

Outs:

1. THE NORTH WEST COMPANY INC (NWC) – Market Trend. Decrease in the Industrials sector as seen in the Top 100 index.
2. Parkland Fuel Corporation (PKI) – Market Trend. Decrease in the Energy sector as seen in the Top 100 index.
3. CAE Inc. (CAE) –  Market Trend. Decrease in the Industrials sector as seen in the Top 100 index.

You can also find the transactions on Inovestor For Advisors, in the Model Portfolios – StockPointer Canada section.

Please contact us for more information.

The Inovestor Team