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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 Apr 10, 2024 10:16am
88 Views
Post# 35981042

LCS realtime UNIT NAV @ $16.80

LCS realtime UNIT NAV @ $16.80so has lost 22 cents since the thursday update as the markets appear to be entering a correction. Of course the lifecos get thrown out with the financials, as CPI numbers do NOT look to be improving and high inflation is likely to stay elevated. Doesnt appear that US and Canada  govts have any control over energy pricing. And Canada in fact is raising costs of energy with a thoughtless  carbon tax. 

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