Canadian Life Companies Split Corp T.LFE.PR.B

Primary Symbol: T.LFE Alternate Symbol(s): CLSPF

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the original issue price and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012. The Company will invest primarily in a portfolio of common shares of Proceeds: (the ``Portfolio) which will include the following publicly traded Canadian life insurance companies (the ``Portfolio Companies), each of whose shares will generally represent no less than 10% and no more than 30% of the net asset value (``Net Asset Value) of the Company: Great-West Lifeco Inc.

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Canadian Life Companies Split Corp

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Post by mousermanon Feb 03, 2022 2:00pm

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Post# 34394082

LFE realtime UNIT NAV @ approx: $15.45

SO thought i would do an intraday update... LFE seems to be hanging in there just fine. I did sell some early on, as looking to be a down day overall on the markets, however the commons price has popped back up above where i sold.
Never hurts to take profits and sit on cash tho...
LFE has lost about 5 cents today.... and i note the biggest seller ( by far) was ANON, who are usually shortsellers.

House Positions for C:LFE from 20220203 to 20220203

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
80 National Bank	13,879	71,524	5.153	105	544	5.181	13,774	-70,980
85 Scotia	14,985	77,242	5.155	1,600	8,320	5.20	13,385	-68,922
7 TD Sec	21,212	109,543	5.164	11,522	59,629	5.175	9,690	-49,914
9 BMO Nesbitt	5,810	30,066	5.175	0			5,810	-30,066
124 Questrade	5,900	30,385	5.15	200	1,034	5.17	5,700	-29,351
2 RBC	7,550	39,038	5.171	3,625	18,670	5.15	3,925	-20,368
19 Desjardins	2,675	13,849	5.177	100	521	5.21	2,575	-13,328
25 Odlum	1,200	6,192	5.16	0			1,200	-6,192
88 Credential	100	519	5.19	0			100	-519
53 Morgan Stanley	100	520	5.20	0			100	-520
33 Canaccord	500	2,575	5.15	500	2,615	5.23	0	40
84 Ind Trading	295	1,531	5.19	422	2,198	5.209	-127	667
5 Penson	0			147	759	5.163	-147	759
48 Laurentian	0			750	3,893	5.191	-750	3,893
13 Instinet	0			1,000	5,188	5.188	-1,000	5,188
79 CIBC	5,665	29,275	5.168	11,400	58,812	5.159	-5,735	29,537
1 Anonymous	5,300	27,435	5.176	53,800	277,514	5.158	-48,500	250,079
TOTAL	85,171	439,694	5.162	85,171	439,697	5.163	0	3