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

Brompton Lifeco Split Corp > LCS unit nav to March 13 = approx: $15.48

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Comment by EdPaquetteon Mar 13, 2023 9:24pm

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RE:LCS unit nav to March 13 = approx: $15.48

Since Biden promised no one is losing any money on SVB, the price of banks and insurance companies should normalize within a week. LCS will probably rise over $6 again so maybe an 80 cent capital gain from here.

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