Canadian Life Companies Split Corp T.LFE

LFE UNIT NAV in realtime now @ approx: $15.26

[mouserman]

Nice jump up in every holding in LFE this morning , early on. IF it holds this level the Commons NAV will be over 15$ even after distributions. This risk -on market appears to be heading higher in the coming months. Interest rate hikes are going to happen slowly  if I am interpreting the FED talking heads correctly.

[EdPaquette]

My method gives me 15.42 before distributions,  so right in line.

[slst]

If this a broad market pull back, and a weak market, while LFE's NAV is once again over the $15 treshold to pay 2% monthly distribution (24% annual)....than I m in.   Just added some more to my position. Insurance co's are expected to raise their dividends a decent amount once again in 2022.  Interest rates rising favours Insurers as much as Banks.....so this segment will

[flamingogold]

Big risk to hold for a month imo just for the current distribution. A more sustained selloff will hammer this down quickly in the interim and the risks are mounting.