First Asset Ownership

TXF Etf  CAD 21.91  0.08  0.37%   
Some institutional investors establish a significant position in etfs such as First Asset in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of First Asset, and when they decide to sell, the etf will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in First Asset Tech. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

First Etf Ownership Analysis

The fund generated five year return of 17.0%. First Asset Tech has Annual Holdings Turnover of about 36.51% . This fund maintains 99.82% of assets in stocks. The investment objective of the Tech ETF is to provide Unitholders, through an actively managed portfolio, as described below, with quarterly cash distributions, the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of securities of the 25 largest Technology Companies measured by market capitalization listed on a North American stock exchange and lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly. CI FA is traded on Toronto Stock Exchange in Canada. To find out more about First Asset Tech contact the company at NA.

Top Etf Constituents

First Asset Outstanding Bonds

First Asset issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. First Asset Tech uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most First bonds can be classified according to their maturity, which is the date when First Asset Tech has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Pair Trading with First Asset

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Asset position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Asset will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Etf

  0.74XIT iShares SPTSX CappedPairCorr
  0.65ZUT BMO Equal WeightPairCorr

Moving against First Etf

  0.63TCLB TD Canadian LongPairCorr
  0.61XHC iShares Global HealthcarePairCorr
  0.55HHL Harvest HealthcarePairCorr
  0.52ZUH BMO Equal WeightPairCorr
The ability to find closely correlated positions to First Asset could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Asset when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Asset - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Asset Tech to buy it.
The correlation of First Asset is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Asset moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Asset Tech moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Asset can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in First Etf

First Asset financial ratios help investors to determine whether First Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Asset security.