Life & Banc Split Corp T.LBS

Alternate Symbol(s): T.LBS.P.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.

TSX:LBS - Post by User

Life & Banc Split Corp > Realtime UNIT NV for LBS= approx. $ 18.30

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Post by mousermanon Feb 24, 2021 3:10pm

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Post# 32649396

Realtime UNIT NV for LBS= approx. $ 18.30

WOW , talk about some big impressive jumps in a couple of LBS holdings...
NA and MFC up 4.6% today alone.....and BMO is the biggest holding at last report , and is also up nearly 3% Those 3 stocks combined gains have added over 40 cents to the UNIT NAV since last thursday's update.
Just when you think there cant be much more upside, the banks continue to report results beating analysts expectation.
LBS was a huge buy last week, and still is trading at a discount today.....
Unbelievable.....

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A junior copper-gold stock trading at a bargain of monumental proportions