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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

Comment by EdPaquetteon Dec 02, 2020 12:40pm
100 Views
Post# 32018552

RE:RE:Some shorts dumping today...

RE:RE:Some shorts dumping today...
THE MOUSERMAN KNOWS OF WHAT HE SPEAKS.  He has access to behind-the-scenes info.

Bought 10000 today in the mid 40s and guarantee that shorts did not sell them to me. Mouserman, I believe you see a short behind every down move :). I seriously doubt there has been any significant short interest in this stock. Still happy with my short in DFN and looking at another candidate. GLTA   [/quote]

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