iQ Canada All Cap High Yield Model
INVESTMENT OBJECTIVE
The iQ Canada All Cap High Yield Model seeks to generate long-term returns in excess of the total return of the S&P / TSX Index with less down-market risk by selecting stocks of companies that pay an attractive relative current yield.
PROCESS
The iQ Canada All Cap High Yield Model represents an equal-weighted portfolio of ten Canadian stocks. The stocks are selected by applying a proprietary investment strategy to a database of all Canadian-traded common stocks.
The Process
We begin with all common stocks listed on a Canadian securities exchange as identified by Standard & Poors.
We rank these securities by market capitalization and keep the top 150.
Of the 150 remaining securities, we sort by dividends to price ratio and keep the top thirty.
Of the remaining securities, we rank by 12- and 3-month price momentum and keep the top ten.
This model reconstitutes every February, May, August and November