iUnits S&P Financial

XFN-T

Analysis and Opinions about XFN-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
March 26, 2020

Don’t use it. It is broad financials. Insurance companies will be impaired for a number of years. If you want banks go with ZEB-T, but don’t buy it here.

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Don’t use it. It is broad financials. Insurance companies will be impaired for a number of years. If you want banks go with ZEB-T, but don’t buy it here.

WATCH
WATCH
December 18, 2018
If it falls below $4.25 then something's going on. This sell-off is overreacting. Watch this one for sure.
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If it falls below $4.25 then something's going on. This sell-off is overreacting. Watch this one for sure.
COMMENT
COMMENT
November 20, 2017

This has the banks, insurance companies and mutual funds. He would be more inclined to go with BMO Covered Call Canadian Banks (ZWB-T), but if you want to be a little more diversified, there is certainly nothing wrong with this one.

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This has the banks, insurance companies and mutual funds. He would be more inclined to go with BMO Covered Call Canadian Banks (ZWB-T), but if you want to be a little more diversified, there is certainly nothing wrong with this one.

DON'T BUY
DON'T BUY
May 27, 2015

His concern is with the sector. Financial services make up a ridiculous amount of the TSX. The product is excellent and does what it is supposed to do, but he would not buy it because financials make up so much of the index.

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His concern is with the sector. Financial services make up a ridiculous amount of the TSX. The product is excellent and does what it is supposed to do, but he would not buy it because financials make up so much of the index.

COMMENT
COMMENT
July 18, 2014

This has done very well, and he would have no problem with holding this. He doesn’t buy this because he already has exposure to banks through covered calls, which he prefers.

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This has done very well, and he would have no problem with holding this. He doesn’t buy this because he already has exposure to banks through covered calls, which he prefers.

COMMENT
COMMENT
June 25, 2014

An ETF for a TFSA for a long-term hold? If you were going to do financials, he would probably look at this one. You have all the banks and insurance companies in this one.

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An ETF for a TFSA for a long-term hold? If you were going to do financials, he would probably look at this one. You have all the banks and insurance companies in this one.

COMMENT
COMMENT
May 2, 2014

Canadian financials have actually underperformed year to date. It depends on what energy is going to do. This won’t be a wildly underperformer or outperformer. If the market were to pull way, way back, he thinks the banks will outperform by going down less. He prefers cherry picking insurers and banks and hopefully outperform the ETF by a couple of percents if you get them right.

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Canadian financials have actually underperformed year to date. It depends on what energy is going to do. This won’t be a wildly underperformer or outperformer. If the market were to pull way, way back, he thinks the banks will outperform by going down less. He prefers cherry picking insurers and banks and hopefully outperform the ETF by a couple of percents if you get them right.

WATCH
WATCH
February 12, 2014

Period of seasonal strength for the Canadian financial service sector is from the 3rd week in January right through until the 3rd week in April. A lot of this has to do with how the financial services are reporting their results. Technicals on the sector right now are kind of mixed. Has basically been going sideways for almost 3 months now. On the other hand, if you get a break above the $30 level, you could see a move up until the 3rd week of April.

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Period of seasonal strength for the Canadian financial service sector is from the 3rd week in January right through until the 3rd week in April. A lot of this has to do with how the financial services are reporting their results. Technicals on the sector right now are kind of mixed. Has basically been going sideways for almost 3 months now. On the other hand, if you get a break above the $30 level, you could see a move up until the 3rd week of April.

BUY
BUY
January 27, 2014

If you want one stop shopping for financials, this ETF is okay. You will do as well as the banks and other financial institutions in the index.

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If you want one stop shopping for financials, this ETF is okay. You will do as well as the banks and other financial institutions in the index.

COMMENT
COMMENT
December 13, 2013

Likes the financial sector. This may have some of the lifecos in it as well as some of the mutual funds, so he would prefer a straight play on the banks. On the other hand, insurance companies have come back quite a long ways from where they were getting clobbered. Prefers bank ETFs such as BMO Equal Weight Bank (ZEB-T) or BMO Covered Call Cdn Banks (ZWB-T).

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Likes the financial sector. This may have some of the lifecos in it as well as some of the mutual funds, so he would prefer a straight play on the banks. On the other hand, insurance companies have come back quite a long ways from where they were getting clobbered. Prefers bank ETFs such as BMO Equal Weight Bank (ZEB-T) or BMO Covered Call Cdn Banks (ZWB-T).

COMMENT
COMMENT
May 27, 2013

This one is fairly deep. It has banks but also has other financial assets. If the rates are starting to rise a little bit, it is initially good for the banks because they make more money on the spreads. If you own, you might be better to move away from this and into equal weight banks, such as BMO Equal Weight Bank (ZEB-T). If rates start rising over the next 6-9 months, the banks will benefit.

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This one is fairly deep. It has banks but also has other financial assets. If the rates are starting to rise a little bit, it is initially good for the banks because they make more money on the spreads. If you own, you might be better to move away from this and into equal weight banks, such as BMO Equal Weight Bank (ZEB-T). If rates start rising over the next 6-9 months, the banks will benefit.

BUY
BUY
November 29, 2012

Big believer in the banks. He is buying banks stocks for sure.

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Big believer in the banks. He is buying banks stocks for sure.

HOLD
HOLD
July 3, 2012
Financial ETF and includes insurance. ZEB is the equally weighted BMO product. Banks this time of year tend to perform at the market. Good valuations and good dividend, so pretty safe at this time. Watch what happens to the US banks. If they get hit then we will.
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Financial ETF and includes insurance. ZEB is the equally weighted BMO product. Banks this time of year tend to perform at the market. Good valuations and good dividend, so pretty safe at this time. Watch what happens to the US banks. If they get hit then we will.
PAST TOP PICK
PAST TOP PICK
April 15, 2011
(A Top Short Jan 11/10. Down 17.63 %.) This was a losing strategy. It was right up against one of his technical breakpoints at the time.
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(A Top Short Jan 11/10. Down 17.63 %.) This was a losing strategy. It was right up against one of his technical breakpoints at the time.
BUY
BUY
March 11, 2011
Include banks, insurance and mutual find companies. Would suggest balancing off the financials with another ETF.
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Include banks, insurance and mutual find companies. Would suggest balancing off the financials with another ETF.
Showing 1 to 15 of 54 entries

iUnits S&P Financial(XFN-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for iUnits S&P Financial is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

iUnits S&P Financial(XFN-T) Frequently Asked Questions

What is iUnits S&P Financial stock symbol?

iUnits S&P Financial is a Canadian stock, trading under the symbol XFN-T on the Toronto Stock Exchange (XFN-CT). It is usually referred to as TSX:XFN or XFN-T

Is iUnits S&P Financial a buy or a sell?

In the last year, 1 stock analyst published opinions about XFN-T. 0 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for iUnits S&P Financial.

Is iUnits S&P Financial a good investment or a top pick?

iUnits S&P Financial was recommended as a Top Pick by Larry Berman CFA, CMT, CTA on 2020-03-26. Read the latest stock experts ratings for iUnits S&P Financial.

Why is iUnits S&P Financial stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is iUnits S&P Financial worth watching?

1 stock analyst on Stockchase covered iUnits S&P Financial In the last year. It is a trending stock that is worth watching.

What is iUnits S&P Financial stock price?

On 2020-05-29, iUnits S&P Financial (XFN-T) stock closed at a price of $31.42.