Canadian Life Companies Split Corp. is a closed-ended equity mutual fund launched and managed by Quadravest Capital Management Inc. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating in the life insurance sector. It primarily invests in stocks of four publicly traded life insurance companies namely Great-West Lifeco Inc., Industrial Alliance Insurance and Financial Services Inc., Manulife Financial Corporation, and Sun Life Financial Inc. The fund employs fundamental analysis with a focus on such factors as a firm's earning history, relative price-earnings multiple, cash flow, dividend yield, market position, and growth prospects to create its portfolio. It benchmarks the performance of its portfolio against the S&P TSX Financial Index. Canadian Life Companies Split Corp. was formed on April 18, 2005 and is domiciled in Canada.
Research context
Canadian Life Companies Split Corp appears in PyInvesting’s Toronto Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Financial Services
- Industry
- Asset Management
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5 years, 6 months ago
Canadian Life Companies Split Corp is currently in a long term uptrend where the price is trading 15.8% above its 200 day moving average.
From a valuation standpoint, the stock is 97.8% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 0.6.
Canadian Life Companies Split Corp's total revenue sank by 0.0% to $13M since the same quarter in the previous year.
Its net income has dropped by 0.0% to $11M since the same quarter in the previous year.
Finally, its free cash flow fell by 106.2% to $-154K since the same quarter in the previous year.
Based on the above factors, Canadian Life Companies Split Corp gets an overall score of 2/5.