Post by
mouserman on Feb 16, 2024 12:09pm
LCS unit nav in realtime @ $17.47
Lifecos continue their strong move, and LCS up about 10 cents at this point today. Seems the discount to NAV is becoming a premanent fixture ,no matter what the NAV and how long LCS keeps paying. The fact that LCS is illiquid , ( doesnt trade huge volumes) is one negative and now the yield around 12.66 % not as attractive. Still I believe there is more upside to the lifecos as long as interest rates stay elevated.
I now have more LFE than LCS... and will be interesting to see the NAV on that lifeco split fund when Quadravest posts.