Canadian Life Companies Split Corp. (LFE.TO)

$3.16

-0.08 (-2.47%)
Rating:
Recommendation:
-
Symbol LFE.TO
Price $3.16
Beta 3.008
Volume Avg. 0.01M
Market Cap 36.420M
Shares () -
52 Week Range 2.2-4.15
1y Target Est -
DCF Unlevered LFE.TO DCF ->
DCF Levered LFE.TO LDCF ->
ROE 7.30% Neutral
ROA 1.96% Neutral
Operating Margin -
Debt / Equity -
P/E -7.90 Strong Sell
P/B -
Annual
Quarter

Earnings

Consensus EPS

Upgrades & Downgrades


Mr. Stephen Wayne Finch
Financial Services
Asset Management
Toronto Stock Exchange

Canadian Life Companies Split Corp. is a closed-ended equity mutual fund launched and managed by Quadravest Capital Management Inc. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating in the life insurance sector. It primarily invests in stocks of four publicly traded life insurance companies namely Great-West Lifeco Inc., Industrial Alliance Insurance and Financial Services Inc., Manulife Financial Corporation, and Sun Life Financial Inc. The fund employs fundamental analysis with a focus on such factors as a firm's earning history, relative price-earnings multiple, cash flow, dividend yield, market position, and growth prospects to create its portfolio. It benchmarks the performance of its portfolio against the S&P TSX Financial Index. Canadian Life Companies Split Corp. was formed on April 18, 2005 and is domiciled in Canada.