Income Financial Trust T.INC.UN

Alternate Symbol(s): ICFNF

Financial Services Asset Management

Income Financial Trust (the Trust) is a Canada-based investment trust fund that invests in a diversified portfolio. The Trust’s investment objective is to provide unitholders with a stable stream of monthly distributions by investing in a diversified portfolio consisting primarily of common shares issued by corporations whose shares are included in the S&P/TSX Capped Financials Index, the S&P 500 Financials Index or the S&P MidCap 400 Financials Index. The Trust’s objective is also to provide tax-effective monthly distributions targeted to be 10% annualized, based on the volume-weighted average market price of the units for the last three trading days of the preceding month. Quadravest Capital Management Inc. (Quadravest) serves as the investment manager for the Trust.

TSX:INC.UN - Post by User

Income Financial Trust

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Comment by Hockeynut2on Sep 28, 2017 12:25pm

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Post# 26754093

RE:RE:RE:Soaring

yggdrasilll wrote:
Well it looks like it's just you and me!

Do you have any idea what is going on with this thing? I'm up over 20% in 3 months... I'm wondering where it will end.

Hockeynut2 wrote:
Wow. I thought I was the only guy on Stock House who owned this thing. Let's just keep it to ourselves. Good luck to you.

I know they have money invested in the US financial sector and that's been on a tear lately, so that has to be part of it. I've been in a little over 2 years now and have to pinch myself sometimes. I was quite happy with the dividend and never expected Capital gains like this. Just to be honest with you I will admit to selling a thousand at just over 17 and another thousand this morning. My wife and I each have 500 share left which I intend to just keep holding. Let's just enjoy the ride, I hope it keeps going. Good luck to you.

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