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Sun Life Financial Inc SLFIF


Primary Symbol: T.SLF Alternate Symbol(s):  SUNFF | T.SLF.PR.K | SNLFF | SNLIF | SLF | T.SLF.PR.C | T.SLF.PR.D | T.SLF.PR.E | T.SLF.PR.G | T.SLF.PR.H | T.SLF.PR.J

Sun Life Financial Inc. is a Canada-based international financial services company, which offers asset management, wealth, insurance and health solutions to individual and institutional clients. Its segments include Canada, United States (U.S.), Asset Management, Asia, and Corporate. The Canada segment provides protection, health, asset management and wealth solutions. It also offers a premier health and wellness virtual care platform. The U.S. segment provides employee and government benefits in the United States. Its business units include group benefits, dental and in-force management. The Asset Management business group includes MFS and SLC Management. MFS is an asset manager offering a comprehensive selection of financial products and services. The Asia segment consists of two business units: Local Markets and International Hubs. It has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, India and others.


TSX:SLF - Post by User

Post by mousermanon Mar 12, 2023 1:04pm
385 Views
Post# 35333390

Big 4 canadian lifecos getting dumped hard

Big 4 canadian lifecos getting dumped hard So after a couple of months of pure upward trajectory, the profit-taking has commenced. It was brought on the by SVB and Silvergate Capital failures. I know some financial and  banks have exposure to these, but i DO NOT believe the lifecos get involved in risky venture capital or the  crypto  space.
SO i expect this round of  selling down, will eventually subside on the lifecos in particular as their exposure to mortgage problems, and credit card debt,  along with these tech bank faliures is minimal compared to the banks.
Wait about a week for this revelation to hit home.
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