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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
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Comment by JohnWalkeron Mar 11, 2020 10:23pm
56 Views
Post# 30796879

RE:Trump on air tonight...

RE:Trump on air tonight...
flamingogold wrote: Hinting about Asia... I think maybe he pulls the tariffs or cuts back on the tariffs to help the global economy. Just my opinion. This would torch the shorts if it happens.


Not quite what you predicted ... more panic in the markets tomorrow after this speech.

https://www.youtube.com/watch?v=EhP2JMgAwuE


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities