Model Portfolio

StockPointer® Canada Portfolio Transactions – April 2022

We have rebalanced the Nasdaq Inovestor Canadian Index based on our Stockpointer® Canada model portfolio. These trades are effective as of Thursday, April 14 after market close. Here are the details of the trades:

Ins:

  1. Brookfield Asset Management (BAM.A) – Market Trend. Increase in the Financial sector as shown by the Top 100 index, therefore, increasing our position in the portfolio. We chose the company because of its high SP score.
  2. Arc Resources (ARX) – Market Trend. Increase in the Energy sector. We chose the company due to its high SP Score.
  3. Intact Financial Corporation (IFC) – Intra-sectorial transaction. In the top of its sector.

Outs:

  1. Metro (MRU) – Market Trend. Decrease in the Consumer Staples sector as shown by the Top 100 index, therefore, decreasing our position in the portfolio.
  2. GDI Integrated Facility Services Inc. (GDI) – Market Trend. Decrease in the Industrial sector.
  3. Power Corporation (POW) – Intra-sectorial transaction. The company is no longer in the top of its sector.