Brompton Lifeco Split Corp T.LCS

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

Financial Services Asset Management

The Funds investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions in the amount of 0.15625 per share and to return the original issue price of 10.00 per Preferred share to Preferred shareholders at maturity; and to provide holders of Class A shares with regular monthly cash distributions, targeted to be 0.075 per share, and the opportunity for growth in Net Asset Value per share. To achieve these objectives, the Fund invests in a common share portfolio of the following Canadian life insurance companies on an equally weighted basis at the time of investment and any subsequent rebalancing.

TSX:LCS - Post by User

Brompton Lifeco Split Corp > Why is this selling off?

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Comment by Compypaulon Mar 04, 2022 2:49pm

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Post# 34484496

RE:Why is this selling off?

Conister011 wrote: NAV looks good and divy looks safe, am I missing something?

I feel the same way. Picked some up in the 6.40 range as it seems safe and reliable, right now. Both Manulife and GWL are down somewhat today so that might explain some of it.

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