Bullboard - Stock Discussion Forum 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... see more

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TSX:LCS - Post Discussion

Brompton Lifeco Split Corp > LCS unit nav to AUG 15 = approx: $15.75

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Post by mouserman on Aug 15, 2023 5:09pm

LCS unit nav to AUG 15 = approx: $15.75

What a day, apparently the lifecos got sold off with the rest of the markets. Not too surprising. They have had the best gains since 2023 started , as far as the financial sector is concerned.
People and fund managers were running for cover today......
LCS trading at a premium at the close today, with the value of the commons now @ $5.75.
It will in all likelihood still pay to commons for this current month, but who knows how long this correction will last.

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