Brompton Split Banc Corp T.SBC

Alternate Symbol(s): T.SBC.P.A

Brompton Split Banc Corp. (the Fund) is a Canada-based mutual fund company. The Fund's investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions and to return the original issue price of $10.00 per Preferred share to shareholders at maturity and to provide holders of Class A shares with regular monthly cash distributions, targeted to be at least $0.10 per Class A share, and the opportunity for growth in Net Asset Value per Class A share. The Fund invests in a portfolio of common shares of the six Canadian banks. In addition, the Fund may hold up to 10% of the total assets of the portfolio directly in investments in global financial companies or indirectly through exchange-traded funds for the purposes of enhanced diversification and return potential. The Fund's manager is Brompton Funds Limited.

TSX:SBC - Post by User

Brompton Split Banc Corp > Brompton discount is temporary

<< Previous

Bullboard Posts

Next >>

Comment by Saphoon Nov 27, 2020 3:18pm

72 Views

Post# 31991080

RE:Brompton discount is temporary

EdPaquette wrote: When I look back before February when things were stable, SBC had a premium of about 50 cents over nav. Of course it was lower than the big Q premium, but still a premium. Each week the banks go up SBC spends the following few days playing catch up to nav plus 50.

NAV move up or down on weekly basis. I will be happy with $11+ sp for a while.

<< Previous

Bullboard Posts

Next >>

Why invest?