INK Research has announced changes to the INK Canadian Insider Index as a result of the rules-based quarterly review. These changes will be effective at the close on Friday, May 17, 2024.
The Index is one of the best performing broad North American indices so far in 2024.
ADDITIONS (Name and Symbol):
5N Plus Inc. (VNP)
Adentra Inc. (ADEN)
ADF Group Inc. (DRX)
AutoCanada Inc. (ACQ)
Chemtrade Logistics Income Fund (CHE.UN)
Curaleaf Holdings Inc. (CURA)
Strathcona Resources Ltd. (SCR)
Stingray Group Inc. (RAY.A)
DELETIONS:
Athabasca Oil Corporation (ATH)
Brookfield Asset Management Ltd. (BAM)
George Weston Limited (WN)
Interfor Corporation (IFP)
Kelt Exploration Ltd. (KEL)
MEG Energy Corp. (MEG)
North American Construction Group Ltd. (NOA)
Trican Well Service Ltd. (TCW)
The INK Canadian Insider Index has advanced 12.76% so far in 2024 as of May 10th. The Index is rules-based that includes the top ranked value and momentum stocks on the TSX preferred by insiders. The 50-stock Index constituents are determined using INK Research's proprietary INK Edge ® V.I.P. screening criteria of valuations, insider commitment and price momentum. The Index historically has a mid-cap focus and is rebalanced to equal weight in February, May, August and November each year. Additions and deletions to the Index are also made at that time. For more information visit index.inkresearch.com.
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