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.

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Brompton Lifeco Split Corp > Something up at IAG

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Post by mousermanon Apr 27, 2023 1:10pm

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Post# 35417377

Something up at IAG

Had spiked up to nearly 91$ today, has backed off a little , but still up nearly 3% on the day.
I can only think some good news coming up in the upcoming report slated for MAy 10... or shortcovering? Wasnt a real big short position tho...unless shorts jumped on IAG after April 15 and are now scrambling to cover.

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