Brompton Split Banc Corp T.SBC

Alternate Symbol(s): T.SBC.PR.A

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

Brompton Split Banc Corp > SBC

<< Previous

Bullboard Posts

Next >>

Post by HappyFrogon Nov 25, 2021 8:43am

251 Views

Post# 34164582

SBC

Am OK with what they are doing

The drip was getting small/share expensive.

I am worry about how the NAV will secure the distributions. Such a steady payer
covid or not, 2008 or not.

I am hoping that they will keep their good records just like since inception

It was at 7.20 driping on .10
.....a bit more than a year ago!

<< Previous

Bullboard Posts

Next >>

Changing Europe’s dependency on HREE from China