Viewing Company iShares Canadian Financial Monthly Income E.T.F. | StockChase
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iShares Canadian Financial Monthly Income E.T.F. Stock Symbol: FIE.A-T

Notes:Primarily shares, bonds, inc trusts of financial sector.

Last Price Recorded: $6.9000 on 2017-10-20

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Date Signal Expert Opinion Price
2017-03-20 COMMENT Larry Berman CFA, CMT, CTA

The distribution on this is somewhat fixed. They are paying out north of a 6%-7% yield. If you look at what is in it, there is nothing that yields that much. Looking at all the banks and the other income generating securities this owns, the average is about 4%. This is paying out about 3% extra, which is capital gain you would’ve otherwise been getting from the share price. This is why you are not seeing a lot of upside in the price movement of this ETF.


Price:
$6.910
Subject:
STOCKS & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2016-10-06 COMMENT John Hood

He doesn’t like this. It is basically an accumulation of different income products, but this is a return of capital, so you are getting what looks like a very high dividend, but it is not entirely a return “on” capital, but is often a return “of” capital, in other words a return of your own money.


Price:
$6.170
Subject:
OPTIONS & ETFs
Bias:
CAUTIOUS
Owned:
No
2010-02-19 BUY John DeGoey Likes it but doesn’t use a lot of dividend paying ETFs. You are not going to get high yields.
Price:
$6.760
Subject:
ETF's
Bias:
CAUTIOUS
Owned:
No
2009-10-05 COMMENT Som Seif Canadian balanced financial ETF with banks, bonds and preferreds. Very high income that comes from the underlying portfolio as well as return of capital.
Price:
$6.790
Subject:
ETF's
Bias:
BULLISH
Owned:
Yes
2009-06-26 BUY Som Seif Balanced ETF that includes banks and all the financials as well as preferreds and corporate bonds.
Price:
$6.520
Subject:
ETF's
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2009-04-30 COMMENT Jeff Black Any of the ETF providers have excellent websites to get insight to underlying portfolios. You get insights into whether there will be decreases to the dividends. Look at the payout ratio of each holding.
Price:
$5.610
Subject:
ETF's
Bias:
DEFENSIVE
Owned:
Unknown
2009-02-05 HOLD Richard Croft Designed to generate income so there is a heavier weighting to the major banks that have a higher dividend. If you are looking for income and retired in your comfortable with the banks he would stay with this one.
Price:
$5.360
Subject:
OPTIONS & ETFs
Bias:
CAUTIOUS
Owned:
Unknown
2009-01-30 BUY Don Vialoux Basket of 10 of Canada's biggest financial service stocks.Excellent way of playing them. Also allows a DRIP program. Volume on a day-to-day basis is relatively low though.
Price:
$5.650
Subject:
TECHNICAL INVESTING
Bias:
SELECTIVELY OPTIMISTIC
Owned:
Unknown
2008-12-12 COMMENT Som Seif Balanced portfolio of equities, preferreds and fixed incomes. With the markets coming down, it has produced a yield of 12.5%, which is a little more than he would like. Possibility of a distribution cut.
Price:
$5.370
Subject:
ETF's
Bias:
UNKNOWN
Owned:
Yes
2008-09-22 BUY Som Seif Focuses on the broad Canadian financial services industry. Balanced approach with shares, preferred shares, bonds and income trusts. Pays out a monthly income. High yield right now. Reduces risks.
Price:
$8.090
Subject:
ETF's
Bias:
BULL on AGRICULTURE
Owned:
Unknown
2008-07-02 PAST TOP PICK Richard Croft (A Top Pick July 11/07. Down 19%.) Wanted a product that just delivered a consistent stream of income in a market that he thought was going to be range bound. Financials could rebound, but it could be a while.
Price:
$7.960
Subject:
ETF's & OPTIONS
Bias:
CAUTIOUS
Owned:
Unknown
2008-06-30 BUY Som Seif Balanced portfolio of financials. Has equities, preferred shares and bonds of mainly banks and life insurers. Good ETF for broad balanced exposure. For a more targeted approach to banks he would suggest Claym Eq. Banc & Lifeco E.T.F. (CEW-T), which gives you exposure to the 6 large banks and the 4 lifecos on an equal weighted basis. (His company issues both ETF’s.)
Price:
$8.000
Subject:
ETF's
Bias:
SELECTIVE
Owned:
Yes
2008-04-01 COMMENT Som Seif A balanced portfolio focused on fixed income and equities across the balance sheets of the financial services companies, the banks, looking at their equities, their preferred shares, their bonds, etc. The key issue is to pick a monthly income off it. Not looking to increase distributions.
Price:
$8.350
Subject:
ETF's
Bias:
CAUTIOUS
Owned:
Yes
2007-07-11 TOP PICK Richard Croft Pays about 4% dividend. You get the benefit of a group of stocks that has typically increased their dividends on a fairly regular basis.
Price:
$10.570
Subject:
ETF's
Bias:
BULL on FINANCIALS
Owned:
Yes
Showing 1 to 14 of 14 entries

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