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  5. EIF: Which would you recommend and why Manulife or exchange income fund Thank you [Exchange Income Corporation]
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Q: Which would you recommend and why
Manulife or exchange income fund
Thank you
Asked by Michael on January 08, 2024
5i Research Answer:

We like EIF, but it is significantly smaller ($2B vs $52B) than EIF and likely a bit more economically-sensitive due to its industrial/air exposure. MFC is much cheaper and has outperformed in the past 18 months. We would side with MFC here for income and growth.