We have rebalanced the Nasdaq Inovestor Canadian Index based on our Canadian Model Portfolio, which will be effective on January 18th after market close. Here are the details:
Ins:
- THE NORTH WEST COMPANY INC (NWC) – Market Trend. Increase in Consumer Staple sector as seen in the Top 100 index therefore increasing our position in the portfolio.
- PAREX RESOURCES INC (PXT) – Market Trend. Increase in Energy sector as seen in the Top 100 index therefore increasing our position in the portfolio.
Outs:
- NFI GROUP Inc. (NFI) – Market Trend. Decrease in the Industrials sector as seen in the Top 100 index.
- WEST FRASER TIMBER CO. Ltd. (WFT) – Market Trend. Decrease in the Materials sector as seen in the Top 100 index.
You can also find the transactions on Inovestor For Advisors, in the Model Portfolios – StockPointer Canada section.
Please contact us for more information.
The Inovestor Team