Q: Which would you recommend as a buy right now, and why: MFC or SLF?
5i Research Answer:
SLF has historically been a much better-run company. MFC has certainly improved, and we would be comfortable either way today. We would still see SLF as the 'more conservative' of the two, and would lean slightly to it for conservative investors. SLF is a bit more expensive, with a lower yield, because of this.