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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.


TSX:LCS - Post by User

Post by mousermanon Aug 18, 2022 5:56pm
104 Views
Post# 34906026

LCS unit NAv to Aug 18 = approx: $14.66

LCS unit NAv to Aug 18 = approx: $14.66I noted that Brompton has updated all the split fund holdings to JULY 31 , so had to rejig the spreadsheets. Gain of 26 cents in a week, is quite strong, will see what Brompton update shows tomorrow. Common at a discount , as the value is 4.66 before prorated dist to preferreds are taken ooff.
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