We have rebalanced our Stockpointer® Canada model portfolio.These trades are effective as of Friday, October 17, after market close.
Outs:
- First National Financial Corp (FN) – Market Trend. Decrease in the Financial sector sector as shown by the Top 100 index, therefore, decreasing our position in the portfolio. The company was under a takeover.
- EQB Inc (EQB) – Intra-sectoral transaction. The company was no longer in the top of its sector.
- The North West Co Inc (NWC) – Market Trend. Decrease in the Consumer Staples sector. The company has the lowest SP Score in its sector.
Ins:
- Mineros SA (MSA) – Market Trend. Increase in the Material sector as shown by the Top 100 index, therefore, increasing our position in the portfolio. The company has the highest SP score of its sector
- K92 Mining Inc (KNT) – Market Trend. Increase in the Materials sector. The company is in the top of its sector in terms of SP score.
- FirstService Corp (FSV) – Intra-sectoral transaction. The company is in the top of its sector in terms of SP score.