Canadian Life Companies Split Corp T.LFE

Alternate Symbol(s): T.LFE.P.B | 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 > Quadravest nav

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Comment by EdPaquetteon May 31, 2022 8:25am

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Post# 34719302

RE:RE:Quadravest nav

My rough method of calculation gives me 13.33 this morning.

slst wrote:
What a Brilliant call by FlamingoGold earlier. I "reluctantly" sold half at the time, over 5. Am way underwater now on the remainder. So grateful to the core group providing meanful guidance. i truly mean that.

Am averaging down, as I love the Insurance basket. The other splits are at a big premium, so i have reduced those for now.

I think we are close to NAV here. Will know in a few days. Good Luck Longs.