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Freegold Intersects 3.62 g/t Au over 42m and 1.23 g/t Au over 170.7m (click to learn more)
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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 > My terminology
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Comment by ThatAlbertaGuyon Dec 02, 2020 4:02pm
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Post# 32020070

RE:RE:RE:RE:RE:RE:My terminology

RE:RE:RE:RE:RE:RE:My terminology

Well then the process by which you sell at a high price and plan buy back in at a lower price could be potentially lowering the price then . Can't call it just selling as you plan to buy back in . 


ol_griz wrote: Please give that one a rest.  It is NOT shorting, no more than it is picking bananas.

 

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