Key stats
About ISHARES CDN FINANCIAL MTHLY INC FD COM UNIT
Home page
Inception date
Apr 16, 2010
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
BlackRock Asset Management Canada Ltd.
The fund seeks to maximize total return and generate a monthly target distribution of $0.05 per unit by holding a portfolio of various securities from issuers in the Canadian financial sector. These securities can be in a form of common shares, preferred shares, corporate bonds and income trust units. In constructing FIEs Portfolio, its sub-advisor refers to a model portfolio provided by Manulife Investment Management. The model portfolio is guided by fund-specific risk management techniques by Manulife, and utilizes a disciplined bottom-up approach employing strict quantitative stock selection disciplines. Note that FIE, on top of its net assets, has also entered into a loan facility with a Canadian financial institution to purchase additional securities for working capital purposes. FIE can borrow up to 15% of its NAV.
Classification
What's in the fund
Exposure type
Finance
ETF
Stocks71.63%
Finance71.63%
Bonds, Cash & Other28.37%
ETF28.19%
Cash0.18%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FIE trades at 8.38 CAD today, its price hasn't changed in the past 24 hours. Track more dynamics on FIE price chart.
FIE net asset value is 8.39 today — it's risen 7.84% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FIE assets under management is 1.09 B CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FIE price has risen by 6.07% over the last month, and its yearly performance shows a 16.71% increase. See more dynamics on FIE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.84% over the last month, showed a 2.46% increase in three-month performance and has increased by 23.42% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.84% over the last month, showed a 2.46% increase in three-month performance and has increased by 23.42% in a year.
FIE fund flows account for −71.90 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FIE invests in stocks. See more details in our Analysis section.
FIE expense ratio is 0.87%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FIE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FIE technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FIE shows the buy signal. See more of FIE technicals for a more comprehensive analysis.
Today, FIE technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FIE shows the buy signal. See more of FIE technicals for a more comprehensive analysis.
Yes, FIE pays dividends to its holders with the dividend yield of 5.72%.
FIE trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FIE shares are issued by BlackRock, Inc.
FIE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 16, 2010.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.