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FCID

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1d
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Analysis and statistics

  • Open
    32.0805$
  • Previous Close
    32.3744$
  • 52 Week Change
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  • Day Range
    -0.29$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

FCID.TO represents the First Asset Core Canadian Equity ETF. It is an exchange-traded fund (ETF) that aims to replicate, to the extent possible, the performance of the Solactive Core Canadian Broad Equity Index, net of expenses. The fund invests primarily in a portfolio of Canadian equity securities, offering investors exposure to a broad range of companies listed on the Toronto Stock Exchange. It is designed as a core holding for investors seeking diversified exposure to the Canadian equity market.
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Factors

Global Equity Market Performance: FCID.TO tracks global infrastructure, so broad market sentiment significantly impacts its price.

Interest Rate Movements: Infrastructure projects are often debt-financed, hence interest rate changes can influence the ETF's performance.

Inflation Rates: Rising inflation can affect construction costs and project profitability, thereby impacting the ETF's value.

Currency Fluctuations: As it invests globally, currency exchange rates play a crucial role in the ETF's returns.

Infrastructure Spending Policies: Government policies and investment in infrastructure projects globally affect the underlying assets.

Commodity Prices: Infrastructure development relies on raw materials; commodity price changes can affect project expenses.

Geopolitical Events: Political instability and geopolitical risks in regions where infrastructure projects are located can influence the ETF's price.

Specific Infrastructure Project Performance: The success or failure of major infrastructure projects held within the ETF portfolio directly impacts its value.

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