First Asset U S & Canada LifeCo Income Fund (FLI-T) Stock Predictions - Stockchase
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First Asset U S & Canada LifeCo Income Fund (FLI-T)

ON STOCKCHASE SINCE Nov 2015

E.T.F.'s

First Asset U S & Canada ...

FLI-T

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First Asset U S & Canada LifeCo Income Fund (FLI-T) SAVE Mar, 18, 2019, 2:40 pm

11.53 0.13 (1.14%)

What the experts are saying about FLI-T



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Signal Opinion Expert
BUY
This tracks the lifecos in US and Canada, using an actively managed covered call strategy which gives you low volatility. Lifecos will benefit from rising interest rates, and are moving into asset management. An ideal way to offset interest risk on the fixed-income side. Pays a 3.5% yield. PE 8.5x.
E.T.F.'s
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This tracks the lifecos in US and Canada, using an actively managed covered call strategy which gives you low volatility. Lifecos will benefit from rising interest rates, and are moving into asset management. An ideal way to offset interest risk on the fixed-income side. Pays a 3.5% yield. PE 8.5x.
E.T.F.'s
0 0 0 0 0
0 comments
Tyler Mordy

President , Forstrong Global Ass...

Price Price
$11.310
Owned Owned
Unknown

DON'T BUY
The 10 largest LIFECOs in the US and Canada and with covered calls. The yield is 7.2%, which worries him because the stocks themselves do not pay this yield. He wonders if the structure is resulting in a return of capital or there is some underlying leverage involved. Is the return more volatile than the underlying securities? He would not recommend it now.
E.T.F.'s
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The 10 largest LIFECOs in the US and Canada and with covered calls. The yield is 7.2%, which worries him because the stocks themselves do not pay this yield. He wonders if the structure is resulting in a return of capital or there is some underlying leverage involved. Is the return more volatile than the underlying securities? He would not recommend it now.
E.T.F.'s
0 0 0 0 0
0 comments
John Hood

President , J. C Hood Investment...

Price Price
$10.120
Owned Owned
No

COMMENT

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.)

E.T.F.'s
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0 comments

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.)

E.T.F.'s
0 0 0 0 0
0 comments
John Hood

President , J. C Hood Investment...

Price Price
$11.200
Owned Owned
No

COMMENT

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.

E.T.F.'s
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0 comments

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.

E.T.F.'s
0 0 0 0 0
0 comments
Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$11.850
Owned Owned
Unknown

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