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.

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Brompton Split Banc Corp > Adjusted Cost Base

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Comment by mousermanon Dec 02, 2020 10:58am

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Post# 32017696

RE:RE:Adjusted Cost Base

Not sure WHY you would worry about that statistic. THE UNIT NAV is posted every week, tells you what the value in the fund is....Last week , NOVEMBER 26th the UNIT NAV value was 20.88
I dont see that number changing much this past week.
At 10.50 SBC is trading right around its NAV after distributions.

bcsc wrote:

Sapho wrote: This is the first year that I am holding SBC. Question for those who have held it for long time.

When ACB will be reduced. Will it be in early Jan?

In reality the ACB is reduced every time a distribution is announced and paid, but I believe that is not what your asking. I have always adjusted my cost base when I receive the tax information late Feb or early Mar. Some of the more diligent posters may know when Brompton usually makes this information available on their website.