Model Portfolio

StockPointer® Canada Portfolio Transactions – April 2021

We have rebalanced the Nasdaq Inovestor Canadian Index based on our Canadian Model Portfolio, effective April 16 after market close.

Here are the details:

Ins:
1. Power Corporation of Canada (POW) Market trend. Increase in the Financial sector as seen in the Top 100 index, therefore, increasing our position in the portfolio. The company is in the top of its sector
2. goeasy Ltd (GSY) – Market trend. Increase in the Financial sector. The company is in the top of its sector
3. Canfor (CFP) - Market trend. Increase in the Material sector. The company is in the top of its sector

Outs:
1. Thomson Reuters (TRI)  Market trend. Decrease in the Consumer Discretionary sector as seen in the Top 100 index, therefore, decreasing our position in the portfolio. The company has the second lowest SP score of the sector. Richelieu Hardware (RCH) has the lowest SP score by one point, but we preferred it over TRI.
2. Empire Company (EMP.A) – Market trend. Decrease in the Consumer Staples sector. The company has the lowest SP score of the sector.
3. Parkland (PKI) Both Market trend and the EPI fell below 1. Decrease in the Energy sector. It was the only stock in the Energy sector.