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 > Portfolio NAV

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Comment by navgodon Feb 14, 2024 12:41pm

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Post# 35880031

RE:RE:RE:RE:Portfolio NAV

NoShoesNoShirt wrote:
kurtwalter wrote: As of 12 noon LCS has crawled back 2,81 % after yesterday's 4% drop. Might have been a buying opportunity but I don't have much spare cash lying around...
I bought 3000 shares, which pushed up the price. My broker was showing 0 shares had traded hands beforehand. I would have bought more if it wouldn't have moved the price so much.

LOL Pretty sure I sold you most of your buy at 6.60. Got a few more to go at 6.69 if someone gets horny for the stock. One of my bigger positions as a play on life insurance and a discount to NAV value play. GLTA

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