FMP
TSX
The fund tracks an index that exclusively invests in January natural gas futures contracts rolled once per year in November. Daily settlement of the contracts are based on the futures contracts that trade on the Chicago Mercantile Exchange, settlment is calculated at 2:30 pm (EST). After settlement, shares of HUN may trade higher or lower than the settlment price due to the difference in the close of trading times. The fund rolls its natural gas contracts every November during the 10th to the 17th trading day of the month in increments of 12.5% per day. Contracts are rolled from the second month of January to the 14th month of the next January contract. After the end of the roll period, the next active contract becomes the active contract. The fund is denominated in CAD and any USD gains or losses are hedged back to the CAD.
7.74 CAD
0.04 (0.517%)
DuPont Analysis
The DuPont analysis, pioneered by the DuPont Corporation, offers a structured approach to assessing fundamental performance. It involves breaking down the return on equity (ROE) into various components, aiding investors in comprehending the factors influencing a company's returns.
ROE = Net Income / Average Total Equity
ROE = (Net Income / Sales) * (Revenue / Average Total Assets) * (Average Total Assets / Average Total Equity)
The company's tax burden is (Net income ÷ Pretax profit). This is the proportion of the company's profits retained after paying income taxes. [NI/EBT] The company's interest burden is (Pretax income ÷ EBIT). This will be 1.00 for a firm with no debt or financial leverage. [EBT/EBIT] The company's operating income margin or return on sales (ROS) is (EBIT ÷ Revenue). This is the operating income per dollar of sales. [EBIT/Revenue] The company's asset turnover (ATO) is (Revenue ÷ Average Total Assets). The company's equity multiplier is (Average Total Assets ÷ Average Total Equity). This is a measure of financial leverage. Profitability (measured by profit margin) Asset efficiency (measured by asset turnover) Financial leverage (measured by equity multiplier)