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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 EdPaquetteon Dec 30, 2022 9:39am
59 Views
Post# 35196782

RE:Brompton updates UNIT NAV for LCS @ $15.01 to dec 29

RE:Brompton updates UNIT NAV for LCS @ $15.01 to dec 29Not quite there yet.  Nav has to stay above 15 as per Brompton.
mouserman wrote: SO was high by a penny on my spreadsheet, but basically LCS was above the threshhold yesterday for paying to commons.   Still a buy here imo , as there really are few trading at discounts that are in that zone around  15$ threshhold for UNIT NAV.


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