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This week’s new 52-week lows… (Dec 05-11)This is fine if you want to be involved, but remember any dividends are accrued in the US are taxed as income, not as a dividend. (If it is a covered call, then he really doesn’t like the story as he doesn’t like First Asset’s covered calls. They only do it on 25% of the portfolio, so your amount of income is pretty small and your downside protection is pretty small. Also, fees are quite high for 25% covered calls.)
This is a good one to get into the insurance space, having Canadian and US players. Interest rates have a big impact on their revenues, more so than it does on banks. However, he thinks the Fed can’t raise rates by more than a percent.
First Asset U S & Canada LifeCo Income Fund is a Canadian stock, trading under the symbol FLI-T on the Toronto Stock Exchange (FLI-CT). It is usually referred to as TSX:FLI or FLI-T
In the last year, there was no coverage of First Asset U S & Canada LifeCo Income Fund published on Stockchase.
First Asset U S & Canada LifeCo Income Fund was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for First Asset U S & Canada LifeCo Income Fund.
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0 stock analysts on Stockchase covered First Asset U S & Canada LifeCo Income Fund In the last year. It is a trending stock that is worth watching.
On 2024-12-11, First Asset U S & Canada LifeCo Income Fund (FLI-T) stock closed at a price of $11.32.