Opinions
Larry Berman CFA, CMT, CTA
Financial 15 Split Corp. II
FFN-T
DON'T BUY
Oct 21, 2024
$6.690
Stock price when the opinion was issued
investment companies
funds
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
Advertising
Leverage allows them to provide such a large dividend. Typically 2:1 leverage, so you get double the bang for the buck. Lots of volatility, big ups and big downs. When markets are working, work great. Up to the board of the fund as to what distribution they pay out.
Over 20 years, you'd have done better just holding a basket of US or Canadian banks, such as XLF or ZEB.