Brompton Lifeco Split Corp T.LCS

Alternate Symbol(s): T.LCS.P.A

The Funds investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions in the amount of 0.15625 per share and to return the original issue price of 10.00 per Preferred share to Preferred shareholders at maturity; and to provide holders of Class A shares with regular monthly cash distributions, targeted to be 0.075 per share, and the opportunity for growth in Net Asset Value per share. To achieve these objectives, the Fund invests in a common share portfolio of the following Canadian life insurance companies on an equally weighted basis at the time of investment and any subsequent rebalancing.

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Brompton Lifeco Split Corp > THIN volume even tho all 4 holdings up

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Post by mousermanon Jun 02, 2023 10:51am

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Post# 35476853

THIN volume even tho all 4 holdings up

Last i looked only 6800 shares had traded hands , and anon was the biggest buyer. Some entity likely shorted LCS before the debt deal and now needs shares to cover..

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