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.

TSX:LFE - Post by User

Canadian Life Companies Split Corp > LFE UNIT NAV to Dec 07 = approx: $14.56

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Comment by mousermanon Dec 08, 2023 12:11am

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Post# 35774343

RE:RE:LFE UNIT NAV to Dec 07 = approx: $14.56

NoShoesNoShirt wrote: Amazing growth since mid July. Rose 50 cents when most splits went down or were barely up. And it rose more than LCS. Mouserman I'm not cherry picking dates, it's just that mid July was when I started writing down nav values to see which are rising fastest.

Read back a month or so , I was buying and recommending this around 3$ ....
I sold too early at a 20 % gain , today its nearly 4$ . So which commons have had better gains in that time frame?

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