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

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Post by mousermanon Oct 27, 2023 11:02am

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Post# 35704043

SBC unit nav reported by Brompton at $15.99 to OCT 26

So did a bit better than my spreadsheet had estimated, but thursday was a good bounce day for financials, and BFIN. Giving most of that back today..
With the last trade @ 7.47 yesterday the premium was about 1.48 before distributions. $1.58 after .Works out to 26.8 %... would be higher than that today with the selloff in CAD financials.

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Now trading on the TSX Venture Exchange: Kootenay Resources Inc.