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

Canadian Life Companies Split Corp > LFE unit NAV realtime = $14.70

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Comment by Donwaanon Feb 25, 2022 1:23pm

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Post# 34462219

RE:LFE unit NAV realtime = $14.70

This Struthers Report sees volatility ahead as well: Markets have broken to the down side so there is less chance of sideways action and more likely new lows are ahead of us. Putin's move is tragic for Ukraine and it's people, but the Western World will now use distraction and blame Putin for the inflation and rising interest rates and all the hardships that will come. I just cannot see much to be bullish on markets for any decent recovery. The inflationary forces will now just be greater and rising interest rates more of a threat.

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