We have rebalanced the Nasdaq Inovestor Canadian Index based on our Stockpointer® Canada model portfolio. These trades are effective as of Friday, July 19 after market close.
Here are the details of the trades:
Outs:
1. Hydro One Ltd. (H) – Intra-sectorial transaction. The company has a SP score lower than 60.
2. IA Financial Corporation (IAG) – Intra-sectorial transaction. The company is no longer in the top of its sector in terms of SP score.
Ins:
1. EMERA Inc (EMA) – Intra-sectorial transaction. The company is in the top of its sector in terms of SP score.
2. First National Financial Corp (FN) – Intra-sectorial transaction. The company has the highest SP score of its sector.
