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 in realtime = approx; $17

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Comment by Compypaulon Feb 21, 2024 12:01pm

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Post# 35891070

RE:LCS unit nav in realtime = approx; $17

mouserman wrote: So LCS has lost a lot today, but the commons are NOT trading anywhere close to the value of 7$.
As usual sellers love to hammer the lifeco split funds..
IAG sell off looks over done to me, they have more capital safety than most ...

Felt overdone to me too. I bought more this morning, with the expectation (perhaps "hope" is a better choice) that it will bounce back.

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