Q: Hello,
I've held shares in SLF for a couple of years now and even taking into account the dividends, I am slightly underwater.
From all indications, the latest quarter was good. If I listen to the pundits, the environment for the company, and insurance companies in general, is positive with interest rates increasing but yet the shares don't seam to go anywhere.
In your expert opinion, what would explain the lack of positive momentum for SLF? Is there something fundamentally wrong with the company? Is their large mutual fund business segment worrying investors because of competition from ETF's?
I am more than willing to give this company more time and am very interested in your thoughts.
I thank you in advance for your reply.
Dan
I've held shares in SLF for a couple of years now and even taking into account the dividends, I am slightly underwater.
From all indications, the latest quarter was good. If I listen to the pundits, the environment for the company, and insurance companies in general, is positive with interest rates increasing but yet the shares don't seam to go anywhere.
In your expert opinion, what would explain the lack of positive momentum for SLF? Is there something fundamentally wrong with the company? Is their large mutual fund business segment worrying investors because of competition from ETF's?
I am more than willing to give this company more time and am very interested in your thoughts.
I thank you in advance for your reply.
Dan