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Manulife Financial Corporation (MFC $51.97)
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Power Corporation of Canada Subordinate Voting Shares (POW $64.50)
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Sun Life Financial Inc. (SLF $65.21)
Q: I hold SLF and MFC for income and a little growth. Do you see the need to also own POW for the same mandate? Can you help explain the significant outperformance with POW this last year compared to SLF and MFC?
5i Research Answer:
POW was a bit of a dog and a value trap for many years, with low growth and reducing margins in...