Opinions Larry Berman CFA, CMT, CTA
Financial 15 Split Corp. IIFFN.TODON'T BUYNov 10, 2025
$8.19
Stock price when the opinion was issued
$9.56
As of May 29, 2026. Market Open.
investment companiesfunds
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
You might be interested:
DON'T BUY
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.
investment companiesfunds
It doubles the dividends of the 15 stocks this ETF holds. At the same time, the risk doubles. When stock markets are doing great, everybody loves this kind of ETF, but when the market corrects, you get double the downside. Doesn't like these when markets are high, like now. Definitely not.