Canadian High Income Equity Fund chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share N/A
Dividend & Yield0.48C$ (7.52%)
Beta N/A
Market capitalization 8.62M
Operating cash flow N/A
ESG Scores unknown

Company description

Canadian High Income Equity Fund is a closed-ended equity mutual fund launched by Brompton Funds Limited. The fund is managed by Bloom Investment Counsel, Inc. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies. The fund focuses on such factors as strong cash flows and investor demand to create its portfolio. It benchmarks the performance of its portfolio against the S&P/TSX Composite Index. Canadian High Income Equity Fund as formed on February 18, 2010 and is domiciled in Canada.

Sector: Financial Services - Industry: Asset Management

Financial data

Financial Statements

Cashflow Statement
Change To Liabilities
Total Cashflows From Investing Activities
Net Borrowings
Total Cash From Financing Activities
Change To Operating Activities
Issuance Of Stock
Net Income
Change In Cash
Effect Of Exchange Rate
Total Cash From Operating Activities
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Change To Account Receivables
Other Cashflows From Financing Activities
Change To Netincome
Capital Expenditures

Income Statement
Research Development
Income Before Tax
Net Income
Selling General Administrative
Gross Profit
Ebit
Operating Income
Interest Expense
Income Tax Expense
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet
Net Income From Continuing Ops
Net Income Applicable To Common Shares

Balance Sheet Statement
Total Liabilities
Total Stockholder Equity
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Total Assets
Common Stock
Other Current Assets
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Treasury Stock
Cash
Total Current Liabilities
Other Stockholder Equity
Property, Plant, and Equipment
Total Current Assets
Net Tangible Assets
Net Receivables
Accounts Payable


Insider Transactions

Here are the insider transactions of stock shares related to Canadian High Income Equity Fund:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Canadian High Income Equity Fund. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Canadian High Income Equity Fund

Here is the result of two systematic investment strategies applied to Canadian High Income Equity Fund. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Canadian High Income Equity Fund

The following chart shows the equity curve of the two systematic investment strategies applied to Canadian High Income Equity Fund:

Canadian High Income Equity Fund automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 4.18% on the backtest period.

Performance at glance

Performance

4.18 %

Latent gain

41.74 C$

Invested capital

998.26 C$

Annualized return

3.17 %
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Momentum strategy results on Canadian High Income Equity Fund

This is the result of two momentum investment strategies applied to Canadian High Income Equity Fund. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Canadian High Income Equity Fund

The following chart shows all the entries opened by the momentum investment system on Canadian High Income Equity Fund:

Canadian High Income Equity Fund momentum entries
  • The first momentum investment strategy would give 2.27% of return on Canadian High Income Equity Fund. That represents 62.43C$ of latent gain with 2745.57C$ of employed capital.
  • The second momentum investment strategy would give 3.32% of return on Canadian High Income Equity Fund. That represents 41.33C$ of latent gain with 1246.67C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

2.27 %

Latent gain

62.43 C$

Invested capital

2745.57 C$

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

3.32 %

Latent gain

41.33 C$

Invested capital

1246.67 C$

Annualized return

3.95 %

Momentum equity curve on Canadian High Income Equity Fund

The following chart shows the equity curve of the two momentum strategies applied to Canadian High Income Equity Fund:

Canadian High Income Equity Fund momentum equity

Note: the dividends potentially given by Canadian High Income Equity Fund are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Canadian High Income Equity Fund

The following chart shows the employed capital evolution of the two momentum strategies on Canadian High Income Equity Fund since the beginning:

Canadian High Income Equity Fund

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on Canadian High Income Equity Fund

Buy the dip entry openings on Canadian High Income Equity Fund

Canadian High Income Equity Fund

The performance achieved by the robo-advisor on Canadian High Income Equity Fund is 0%. That represents 0.0$ of latent gain with 0.0C$ of employed capital. The following chart shows Canadian High Income Equity Fund stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Canadian High Income Equity Fund, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

-0.0 %

Equity curve of the strategy applied to Canadian High Income Equity Fund

The following chart shows the result of the investment strategy applied to Canadian High Income Equity Fund:

Canadian High Income Equity Fund

Note: the dividends potentially given by Canadian High Income Equity Fund are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Canadian High Income Equity Fund

The following chart shows the employed capital evolution since the beginning of the investment strategy on Canadian High Income Equity Fund:

Canadian High Income Equity Fund

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Canadian High Income Equity Fund

In this section, I will compare the three previous investment strategies applied to Canadian High Income Equity Fund.

Equity curve comparison on Canadian High Income Equity Fund

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Canadian High Income Equity Fund investment strategy comparison

Employed capital comparison on Canadian High Income Equity Fund

Canadian High Income Equity Fund investment comparison

Performance comparison on Canadian High Income Equity Fund

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 4.18% 41.74C$ 998.26C$ 3.17%
Momentum 1 quarter 2.27% 62.43C$ 2745.57C$ 2.1%
Momentum 2 quarters 3.32% 41.33C$ 1246.67C$ 3.95%
Non-directional 0% 0.0C$ 0.0C$ -0.0%
Annualized return comparison

Automatic investment

3.17 %

Momentum 1Q

3.95 %

Momentum 2Q

3.95 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Canadian High Income Equity Fund:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Canadian High Income Equity Fund and the other stocks. There may be false positives or some missing correlated stocks. If the price of Canadian High Income Equity Fund does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Canadian High Income Equity Fund
Country Canada
City Toronto
Address 150 York Street
Phone 416-861-9941
Website www.bromptongroup.com/funds/fund/ciq/overview
FullTime employees
Industry Asset Management
Sector Financial Services
Exchange XTSE
Ticker CIQ-UN.XTSE
Market

Canadian High Income Equity Fund ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown