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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

Comment by HappyFrogon Dec 15, 2021 4:01pm
148 Views
Post# 34234341

RE:RE:RE:RE:RE:RE:Brompton Split to split Class A shares

RE:RE:RE:RE:RE:RE:Brompton Split to split Class A sharesThe yield will still be lower than 10% (expected to be 9.1%).


I guess will see.  I am yielding on cost near 14% !

I did drip since then.  Am looking forward to go from 14% to what it will be.tomorrow.  Hopefully loll.  I have too much into it to move quickly.  I need that money in the next decade

I guess I am stuck now loll
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