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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

Comment by Hulk27on Nov 22, 2023 2:43pm
49 Views
Post# 35748903

RE:LCS holdings continue to head higher.

RE:LCS holdings continue to head higher.Life is good!
Now just need that discount to NAV to shrink and it'll be really good.

I still don't understand why it's discounted so much, considering the dividend has been consistent this year and it's well above the payout threshold.
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