Global exchange-traded fund - iShares S&P/TSX Canadian Dividend Aristocrats Income Fund ETF

CANA

iShares S&P/TSX Canadian Dividend Aristocrats Income Fund ETF falls for a second consecutive day, a two-day fall of 0.4% 18 October, 2017

NEWS BITES - ETF

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (TSX:CDZ), the 8th largest Exchange Traded Fund by market cap in Canada, has fallen 5.0c (0.2%) for a second consecutive day on Wednesday. This brought its two-day fall to 10.0c (0.4%), compared with the Morgan Stanley Capital International Canada Index which fell 4.9 points (0.08%) in the two days for a relative price change of -0.3%. Cumulative volume in the 2 days was 0.8 times the average 2-day volume of 27,230 units. The ETF last traded at CAD26.45.

Price Change %1 Month3 Month6 Month1 Year
CDZ2.52.3-3.15.1
MSCI CANADA4.14.92.610.0

SECTION 1

ISHARES S&P/TSX CANADIAN DIVIDEND ARISTOCRATS INCOME FUND ETF BEARISH SIGNALS

1.1 Technicals:

+ The price decreased 0.3% in the last week.

1.2 Overbought/Bearish/Resistance Signals:

+ The Stochastic indicator of 83.9 has broken through the overbought line of 80; this indicates the price is close to its 14-day high and is likely to revert to a downtrend.

SECTION 2

ISHARES S&P/TSX CANADIAN DIVIDEND ARISTOCRATS INCOME FUND ETF BULLISH SIGNALS

Technicals:

+ The present value of CAD1,000 (PV1000) invested five years ago in iShares S&P/TSX Canadian Dividend Aristocrats Income Fund ETF is CAD1,292, including a capital gain of CAD196 and dividend reinvested of CAD97.

+ 5 years Multiplier in CAD = 1.292x

+ Compound Annual Growth Rate (CAGR) in CAD = 5.3%

Present Value of USD1,000 invested 5 years ago:

+ The present value of USD1,000 (PV1000) invested five years ago in iShares S&P/TSX Canadian Dividend Aristocrats Income Fund ETF is $US1,019, including a capital loss of $US58 and dividend reinvested of $US76.

+ 5 years ago CAD 1 equalled USD 1.0169

+ 5 years Multiplier in USD = 1.019x

+ Compound Annual Growth Rate (CAGR) in USD = 0.4%

SECTION 3

PRICE VOLUME DYNAMICS

3.1 Technicals:

+ Volume: there were 20,656 units worth CAD546,971 (US$438,397) traded today. In the past week, volume was 1.0 times average and the units were down 0.3%. The volume was 0.8 times the average daily trading of 27,230 units.

+ iShares S&P/TSX Canadian Dividend Aristocrats Income Fund ETF is at a discount of 3.6% to its 12-month high of CAD27.44 on April 10. It is also at a premium of 8.9% to the 12-month low of CAD24.28 on November 04, 2016.

+ The present value of CAD1,000 (PV1000) invested one year ago in iShares S&P/TSX Canadian Dividend Aristocrats Income Fund ETF is CAD1,087, comprising a capital gain of CAD51 and dividend reinvested of CAD36.

PV$10001-week1-month1-year
CDZ.T9971,0251,087
Morgan Stanley Capital International World Index [MSCI World]1,0031,0211,194
Morgan Stanley Capital International Canada Index1,0001,0131,100

3.2 Performance Indicator:

DescriptionValueRank In Market
Today's TurnoverCAD546,971 (US$438,397)In 2nd Quartile

3.3 Year-on-Year Comparison (Trailing year - ended 29 Sep)

In the past 5 years, CDZ has jumped 20.2% from 21.87 to 26.29, an average annual compound rise of 3.8%.

201720162015201420132012
Close26.2925.1923.4726.3223.3221.87
% Price Change4.47.3-10.812.96.69.7
Avg Daily Volume27,21633,34348,65471,07563,80550,350
VWP26.2723.4925.9124.9522.8521.63
Turnover Period6 yrs 3 mo4 yrs 11 mo2 yrs 10 mo2 yrs 4 mo2 yrs 5 mo3 yrs 28 d
Price Range24.28 - 27.4420.34 - 25.5221.28 - 27.522.98 - 27.4921.26 - 23.8319.03 - 22.63

In the past 5 years average daily volume has declined 45.9% from 50,350 units to 27,216 units. Turnover period has increased from 3 years 28 days to 6 years 3 months. This indicates a larger number of core investors, making a long-term investment safer.

SECTION 4

RANKING

4.1 Global Rank out of 5,706 ETFs

The present value of $US1,000 invested a year ago is $US1,145, ranking it 2408 out of 5,706 ETFs. Its 6-month relative strength (or price percentile rank) in USD is 28.

DescriptionValueRankQuartile
Net Assets (US$)907.2M664Top
MCap (US$)875.5M673Top
Price/NAV1.01606Top
Rel Strength 6 Mo (US$)284091Third
PV$1000 (1Year) US$*1,1452408Second

* 1 year ago CAD 1 equalled USD 0.7609

Oct 18, 2017: CAD 1 equals USD 0.8015

4.2 Rank in the Total Canada ETF Market [out of 533 ETFs]

DescriptionValueRank
Net Assets (CAD)1.1B29
MCap (CAD)1.1B31
Rel Strength 6 Mon (CAD)44297
PV1000-1Year (CAD)1,087174

SECTION 5

PROFILE

5.1 Description

Claymore CDN Dividend & Income Achievers ETF is an exchange traded fund established in Canada. The Fund seeks to replicate the performance of the Mergent's Canadian Dividend & Income Achievers Index, net of expenses. The Fund consists of Canadian equity and income trust units that have consistently increased their annual dividends and payments to shareholders.

5.2 SNAPSHOT

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (TSX:CDZ)

ISIN: CA46433F1062

Inception DateSeptember 07, 2006
Expense Ratio0.7% of average net assets
CategoryBroad Market-Equity
Fund Family NameBlackRock
Asset ClassEquity ETF

5.3 Fund Manager and Management Fees

+ The manager of the ETF is Chuck Craig. The management fee is 0.6% of total assets

SECTION 6

DIVIDEND

Dividend:0.1
Dividend Date:July 24, 2017
Dividend Yield:3.4%
Annual Dividend:89.0c

CDZ.TO

Source: www.BuySellSignals.com