Life & Banc Split Corp T.LBS

Alternate Symbol(s): T.LBS.PR.A | LFBCF

Life & Banc Split Corp. (the Fund) is a Canada-based mutual fund company. The Fund's investment objective is to provide holders of Preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date, and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for capital appreciation. To achieve these objectives, the Fund invests in a portfolio comprised of common shares of approximately six Canadian banks and four publicly traded Canadian life insurance companies. The Fund also writes covered call options and cash-covered put options in respect of the portfolio to generate additional distributable income for the Fund and/or to reduce the volatility of the Fund. The Fund's investment manager is Brompton Funds Limited.

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Life & Banc Split Corp

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Comment by Safetraderon Dec 21, 2018 2:35pm

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Post# 29147694

RE:RE:RE:RE:RE:Portfolio rebounding a bit today

For sure the FED raise did put a stop on any type of positiveness in the equity market. Meanwhile I do have serious concerns on TD / ANONYMOUS ( maybe the same). They seem the only ones trading LBS besides small investors getting in (feeling bottom) or out tired of losing. If they are the MM for Brompton.....they are doing a poor job.

If anyone as transactions amount for those 2 today pls share. I'm expecting they will be on 60% + of the transactions alone and probably more if combined together.

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