iShares Canadian Financial Monthly Income E.T.F.

FIE.A-T

Analysis and Opinions about FIE.A-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
June 3, 2019
Raises red flags for him. The yield on it (7-8%) is higher than the yield of the underlying stocks. The basket can't yield ore than the eggs on the basket unless there is a Return of Capital. He doesn't like it.
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Raises red flags for him. The yield on it (7-8%) is higher than the yield of the underlying stocks. The basket can't yield ore than the eggs on the basket unless there is a Return of Capital. He doesn't like it.
DON'T BUY
DON'T BUY
March 28, 2019
Strong dividend. It owns life insurance companies as well. He is kind of disappointed on them. not as warm on this one. He would go straight to the banks.
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Strong dividend. It owns life insurance companies as well. He is kind of disappointed on them. not as warm on this one. He would go straight to the banks.
COMMENT
COMMENT
February 14, 2019
Is that a better investment over ZWB? He will be so glad when they get rid of it. It is a basket of ETFs. The yield looks great but it is basically return of capital as opposed to return on capital. Old style ETF and should be gone.
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Is that a better investment over ZWB? He will be so glad when they get rid of it. It is a basket of ETFs. The yield looks great but it is basically return of capital as opposed to return on capital. Old style ETF and should be gone.
COMMENT
COMMENT
March 20, 2017

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.

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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.

COMMENT
COMMENT
October 6, 2016

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.

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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.

BUY
BUY
February 19, 2010
Likes it but doesn’t use a lot of dividend paying ETFs. You are not going to get high yields.
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Likes it but doesn’t use a lot of dividend paying ETFs. You are not going to get high yields.
COMMENT
COMMENT
October 5, 2009
Canadian balanced financial ETF with banks, bonds and preferreds. Very high income that comes from the underlying portfolio as well as return of capital.
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Canadian balanced financial ETF with banks, bonds and preferreds. Very high income that comes from the underlying portfolio as well as return of capital.
BUY
BUY
June 26, 2009
Balanced ETF that includes banks and all the financials as well as preferreds and corporate bonds.
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Balanced ETF that includes banks and all the financials as well as preferreds and corporate bonds.
COMMENT
COMMENT
April 30, 2009
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.
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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.
HOLD
HOLD
February 5, 2009
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.
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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.
BUY
BUY
January 30, 2009
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.
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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.
COMMENT
COMMENT
December 12, 2008
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.
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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.
BUY
BUY
September 22, 2008
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.
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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.
Som Seif

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Price
$8.090
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
July 2, 2008
(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.
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(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.
BUY
BUY
June 30, 2008
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.)
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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.)
COMMENT
COMMENT
April 1, 2008
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.
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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.
TOP PICK
TOP PICK
July 11, 2007
Pays about 4% dividend. You get the benefit of a group of stocks that has typically increased their dividends on a fairly regular basis.
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Pays about 4% dividend. You get the benefit of a group of stocks that has typically increased their dividends on a fairly regular basis.
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