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

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Post by mousermanon Mar 28, 2024 4:40pm

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Post# 35959045

LCS unit nav to March 28 = approx: $17.40 before dist...

So after a nice jump early in the day, IAG and the others saw some selling and LCS back to where it was March 21, Last trade @ $7.08 means the commons trade at a 25 cent discount after distribution to commons are factored in.

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