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 in realtime @ $15.19

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Comment by mousermanon May 14, 2024 4:38pm

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Post# 36039660

RE:RE:RE:RE:RE:LFE unit nav in realtime @ $15.19

DFN is the ONLY split fund in Quadravest where that has happened. They could have used a different date for DF one time and paid, but they didnt. And BK had the threshhold actually beat on the 15th of the month in March 2020 but Quadravest decided not to pay to commons. Nothing is written in stone.

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