We have rebalanced the Nasdaq Inovestor Canadian Index based on our Canadian Model Portfolio, which will be effective on January 17th after market close. Here are the details:
In:
1. Kirkland Lake Gold (KL) – Intra-sectoral transaction.
2. MTY Food Group (MTY)– Market Trend – Increase in the Consumer Discretionary sector as seen in the Top 100 index.
Out:
1. Ritchie Bros Auctioneers Inc. (RBA) – Market Trend – Decrease in the Industrial sector as seen in the Top 100 index.
2. Nordbord (OSB) – Not in the top performers of its sector.
