We have rebalanced the Nasdaq Inovestor Canadian Index based on our Canadian Model Portfolios, which will be effective on October 19th after market close. Here are the details:
Ins:
- Parkland Fuel Corporation (PKI) – Market Trend. Increase in Energy sector as seen in the Top 100 index therefore increasing our position in the portfolio.
- West Fraser Timber Co. Ltd. (WFT) – Intra Sectorial transaction. WFT replaced OSB, whose score fell below minimum.
Outs:
- Power Financial Corporation (PWF) – Market Trend. Decrease in the Financial sector as seen in the Top 100 index.
- Norbord Inc (OSB) – SP Score. OSB score fell below minimum.
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
It is recommended that you do your own analysis prior to investing in any stock that we suggest. The information contained in this message is provided for informational purposes only and should not be interpreted as investment advice or recommendation to buy or sell any specific securities.
