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Brompton Split Banc Corp T.SBC.PR.A


Primary Symbol: T.SBC

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 01, 2020 10:20am
452 Views
Post# 32008848

Pecked away at a few SBC , buying at a discount to NAV

Pecked away at a few SBC , buying at a discount to NAVSo added 1000 shares to my hoard... took some profits from LBS...
Banks reported strong earnings today, and so far looks to be pushing the financials up again strongly.
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