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Brompton Split Banc Corp T.SBC

Alternate Symbol(s):  T.SBC.PR.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

Post by mousermanon Dec 03, 2020 4:34pm
70 Views
Post# 32032018

SBC UNIT NAV to Dec 3 = APPROX. $20.78

SBC UNIT NAV to Dec 3 = APPROX. $20.78My spreadsheet showed the UNIT NAV dropping by about .10 since the last update.
SO SBC commons NAV should be approx.  10.59 when we see the update tomorrow.
Was many opportunities for covered calls in the past month so the NAV could be higher than what we see here.
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