LONDON, UK / ACCESSWIRE / July 17, 2017 / Pro-Trader Daily has lined up these stocks for our daily research reports coverage. Before the markets open, Pro-TD makes a brief technical snapshot of select stocks with the Asset Management industry and that trades on the Toronto Exchanges. This Morning, our team has regrouped these stocks for study: Central Fund of Canada, US Financials Income Fund, Canso Credit Income Fund, and Blue Ribbon Income Fund. Register for these free reports at:
On Friday, July 14, 2017, at the end of trading session, the Toronto Exchange Composite index ended the day at 15,174.81, 0.26% higher, with a total volume of 220,622,452 shares.
Additionally, the Financials index was slightly up by 0.01%, ending the session at 286.41.
Pro-Trader Daily’s complimentary research reports on the following stocks are now available: Central Fund of Canada Ltd (TSX: CEF-A), US Financials Income Fund (TSX: USF-UN), Canso Credit Income Fund (TSX: PBY-UN), and Blue Ribbon Income Fund (TSX: RBN-UN). Sign up now for your free membership and research reports at:
Central Fund of Canada Ltd
Shares of Central Fund of Canada Ltd, which aims to invest the shareholder’s funds in long-term holdings of gold and silver bullion for capital appreciation, edged 0.53% higher, to finish Friday’s session at $15.29 with a total volume of 13,502 shares traded. See our research report on CEF-A.TO at:
US Financials Income Fund
On Friday, shares in US Financials Income Fund recorded a trading volume of 2,800 shares, which was higher than their three months average volume of 2,277 shares. The stock ended the day flat at $8.15. US Financials Income Fund’s stock has gained 5.84% in the last three months and 14.47% in the previous one year. Shares of the Company, which objective is to provide unit holders with quarterly cash distribution and to maximize total return through capital appreciation and distribution, are trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $8.08 is above its 200-day moving average of $8.03. The complimentary research report on USF-UN.TO at:
Canso Credit Income Fund
On Friday, shares in Canso Credit Income Fund, which objective is to maximize total returns and reduce risk by investing in an actively managed, diversified portfolio of corporate bonds, ended the session 0.09% lower at $11.12 with a total volume of 26,192 shares traded. Register for free and access the latest research report on PBY-UN.TO at:
Blue Ribbon Income Fund
Blue Ribbon Income Fund’s stock closed the day flat at $9.41. The stock recorded a trading volume of 600 shares. The Company’s shares are trading below their 50-day and 200-day moving averages. Moreover, the stock’s 200-day moving average of $9.64 is greater than its 50-day moving average of $9.52. Shares of the Company, which objective is to provide monthly distributions and the opportunity to participate in capital gains by managing a portfolio of publicly listed or traded securities, are trading at a PE ratio of 3.97. Get free access to your research report on RBN-UN.TO at:
Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charter holder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.
For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: (917) 341.4653
Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Pro-Trader Daily