Model Portfolio

StockPointer® Canada Portfolio Transactions – April 2020

We have rebalanced the Nasdaq Inovestor Canadian Index based on our Canadian Model Portfolio, which will be effective on April 17th after market close. Here are the details :

Ins

  1. First National Financial Corp. (FN)– Market Trend. Increase in the Financial sector as seen in the Top 100 index, therefore, increasing our position in the portfolio.
  2. Winpak Ltd. (WPK)– Market Trend. Increase in the Material sector.
  3. Sun Life Financial Inc. (SLF)– Intra-sectoral transaction. In the top of its sector.
  4. Fortis (FTS) – Intra-sectoral transaction. In the top of its sector.


Outs

  1. MTY Group (MTY)– Market Trend. Decrease in the consumer discretionary sector as seen in the Top 100 index, therefore, decreasing our position in the portfolio.
  2. Parex Resources Inc. (PXT)– Market Trend. Decrease in the Energy sector.
  3. Brookfield Asset Management Inc. (BAM.A)– Intra-sectoral transaction. No longer in the top of its sector.
  4. Brookfield Infrastructure Partners L.P. (BIP.UN) – Intra-sectoral transaction. No longer in the top of its sector.
  5. Brookfield Infrastructure Corporation (BIPC) – Intra-sectoral transaction. No longer in the top of its sector. This company was in our portfolio following a unit split equivalence from Brookfield Infrastructure Partners L.P (BIP.UN).