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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.


TSX:LFE - Post by User

Comment by EdPaquetteon Feb 18, 2022 12:28pm
66 Views
Post# 34442285

RE:LFE unit nav continues to sag

RE:LFE unit nav continues to sagI'm no fan of trudeau, but we can't let 2000 people protesting shut down freedom of travel and commerce for the other 38 million. Protests should only involve people on foot or if they need a wheelchair.  Not cars and trucks. Felt the same way about idle no more or any other protest with vehicles.
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