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Manulife Financial Corporation (MFC $44.71)
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Sun Life Financial Inc. (SLF $85.84)
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iA Financial Corporation Inc. (IAG $157.34)
Q: I now have roughly equal positions in IAG, SLF and MFC, with the total somewhere between 8 and 9 % of portfolio. I bought these primarily for the dividends. However, MFC has lost value relative to SLF - and IAG has lost even more. Why are MFC and IAG underperforming SLF to such a degree? Thanks.