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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 Feb 09, 2024 11:15am
72 Views
Post# 35872372

More profittaking in lifecos off the start.

More profittaking in lifecos off the start.Seems everyone is out there taking profits ahead of earnings. SLF showed growth and sustainability for profits.... and the markets seem to be ignoring that. Not sure if there is something we are missing ? Deaths  , many without a known cause, in working age people in Canada US is at alltime highs , kind of a once in a lifetime black swan event  , according to Expert Wall Street analyst Ed Dowd.
So perhaps that is affecting disability group insurance as well as life insured in the age group that normally has  the least amount of claims.
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