MFC Feb 20 update

MFC Feb 20

This is now a high beta stock, buy at your own risk. Confederation Life is a good example of a company that strayed from its core business of life insurance into what might best be described as banking. With Manu it is a little different but they too have strayed from there core competence being life insurance into the stock markets through wealth management. Confed went from AAA in the morning to ZZZ in the afternoon and I would not for a moment want to suggest that Manu awaits a similar fate, but  it is obvious that this is not a time to back up the truck.