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Canadian Life Companies Split Corp T.LFE

Alternate Symbol(s):  CLSPF | T.LFE.PR.B

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the original issue price and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012. The Company will invest primarily in a portfolio of common shares of Proceeds: (the ``Portfolio) which will include the following publicly traded Canadian life insurance companies (the ``Portfolio Companies), each of whose shares will generally represent no less than 10% and no more than 30% of the net asset value (``Net Asset Value) of the Company: Great-West Lifeco Inc.


TSX:LFE - Post by User

Comment by speedyfeinton Jan 14, 2022 3:35pm
86 Views
Post# 34318620

RE:RE:RE:Some taking profits here under 5 $

RE:RE:RE:Some taking profits here under 5 $that's good,
and always thanks for the live nav updates,
i will be following your updates closely,
and i noticed you don't do live nav updates on some of the split funds (like GDV, LCS, PWI, RS).. are you planning on doing these in the future? just saying it would be great.
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