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Brompton Lifeco Split Corp T.LCS

Alternate Symbol(s):  T.LCS.PR.A

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

Comment by Conister011on Mar 07, 2022 9:55am
210 Views
Post# 34489964

RE:RE:RE:Why is this selling off?

RE:RE:RE:Why is this selling off?Thanks for your thoughts, I feel the same way but it looks like the market wants to tank.  I sold last week and will wait to re enter.
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