Brompton Lifeco Split Corp T.LCS

Alternate Symbol(s): T.LCS.PR.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

Brompton Lifeco Split Corp > LCS UNIT NAV in realtime @ $15.85

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Post by mousermanon Jan 25, 2023 1:57pm

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Post# 35245777

LCS UNIT NAV in realtime @ $15.85

So now has gained about 33 cents since the update last Thursday. For sure been one of the strongest split funds in the past month. I guess many dont think a 16.5% distribution is a good enough yield rate.
My yield of course is much higher having a 4$ cost average after swingtrades. So no worries here at all.

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