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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 24, 2022 10:27am
193 Views
Post# 34541171

RE:RE:So Glad I loaded up!

RE:RE:So Glad I loaded up!Thank you for your comments.  I am fairly new to these and understand the basics but I do keep a close eye on per cent above nav or below in terms of protecting gains or adding new shares.  In the low 6s this seemed like a good bet but I have put stops under all my holdings in this crazy environment.  Sold FFN yesterday after a 12 per cent pop in the last couple of weeks.  If this gets to lofty will do the same.  GLTA
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