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Life & Banc Split Corp T.LBS

Alternate Symbol(s):  LFBCF | T.LBS.PR.A

Life & Banc Split Corp. (the Fund) is a Canada-based mutual fund company. The Fund's investment objective is to provide holders of Preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date, and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for growth in Net Asset Value per Class A share. To achieve these objectives, the Fund invests in a portfolio comprised of common shares of approximately six Canadian banks and four publicly traded Canadian life insurance companies. The Fund also writes covered call options and cash-covered put options in respect of the portfolio to generate additional distributable income for the Fund and/or to reduce the volatility of the Fund. The Fund's investment manager is Brompton Funds Limited.


TSX:LBS - Post by User

Life & Banc Split Corp
Bullboard Posts
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Comment by JohnWalkeron May 21, 2019 9:50pm
36 Views
Post# 29762029

RE:RE:RE:RE:RE:RE:RE:RE:LBS is a trader's dream.

RE:RE:RE:RE:RE:RE:RE:RE:LBS is a trader's dream.
wheeloffortune wrote: Daytrading is a zero sum game.


Then why do you play?  Goodbye!  You are my very first ignore. Even self-describe moron ryan doesn't rate an ignore.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities