E-L Financial Corp Ltd T.ELF

Alternate Symbol(s): T.ELF.P.H | ELFIF | T.ELF.P.F | T.ELF.P.G

Financial Services Insurance - Diversified

E-L Financial Corporation Limited is a Canada-based investment and insurance holding company. The Company operates through two segments: E-L Corporate and Empire Life. E-L Corporate segment represents investments in stocks and fixed income securities held directly and indirectly through pooled funds, closed-end investment companies and other investment companies. The investment strategy is to accumulate shareholder value through long-term capital appreciation and dividend and interest income from its investments. Empire Life segment offers individual and group life and health insurance, investment and retirement products to Canadians. The segment provides a range of life insurance and wealth management products, employee benefit plans and financial services to meet the needs of individuals, professionals and businesses through a network of Independent Financial Advisors (IFA), Managing General Agents (MGA), National Account firms and Group Solutions brokers and representatives.

TSX:ELF - Post by User

E-L Financial Corp Ltd > EVT SIB

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Comment by Methodon Aug 23, 2023 10:06pm

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Post# 35603041

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:EVT SIB

I still hold. I don't think they ever take it private. The tax consequences are potentially high and they have issued other publicly traded securities which help keep the cost of capital low. I own it because it's the best way to buy a liquor quality GARP portfolio at a 50%+ discount to NAV. I think at some point over the next 30 years the discount will close.

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