Search Menu

First Asset U.S. Trendleaders Index ETF
TSX: SID    

Delayed Quote:


First Asset U.S. Trendleaders Index ETF has been designed to replicate, to the extent possible, the performance of the CIBC U.S. Trendleaders Index, net of expenses. The CIBC U.S. Trendleaders Index comprises a portfolio of equity securities of U.S. companies. The U.S. Trendleaders Index employs a proprietary rules-based model developed by CIBC World Markets which systematically and objectively selects and ranks securities based on the duration and longevity of certain underlying trend strengths and incorporates an objective quantitative filter for technical factors. The U.S. Trendleaders Index was developed based on the empirical evidence that shows that equity securities with the highest trend scores will continue to generate better absolute and relative returns on a more frequent basis and will undergo different cycles of mean-reversion, mostly tied to the duration of the period during which the trend factors are expanding or contracting. To qualify for inclusion in the U.S. Trendleaders Index an equity security must: (i) be a constituent of the Solactive U.S. Large and Mid Cap Index; and (ii) meet a minimum average daily traded dollar value volume threshold. The U.S. Trendleaders Index is reconstituted and rebalanced monthly in order to remove constituents with weakening or stagnating trend scores and replace with a new set of higher trend-scoring constituents.
Address: Suite 1400, 95 Wellington Street West, Toronto, Ontario, Canada M5J 2N7
Phone: (416) 642-1289
Email: info@firstasset.com
Web: www.firstasset.com
 



Search by Symbol

  Canada   US  


Top