Bullboard - Stock Discussion Forum 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... see more

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TSX:LFE - Post Discussion

Canadian Life Companies Split Corp > NAV above $15 now!

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Post by Donwaan on Jan 26, 2022 9:47am

NAV above $15 now!

As of 9:45 the NAV has gained 1.19% to $15.11 GLTA

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Comment by mouserman on Jan 26, 2022 11:28am

USD vs CAD is jumping around so UNIT NAV is fluctating a bit, due to the 4 US lifecos in LFE. But donwaan's estimate is very close at this point...LFE back in the green in a big rush...

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Comment by Donwaan on Jan 26, 2022 2:44pm

Thanks for the verification mouserman! I haven't been factoring in the cash position or the exchange rate effect but have just been tracking the holdings NAV based on the latest weightings.

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Canadian Life Companies Split Corp