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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

Brompton Lifeco Split Corp > Brompton updates UNIT NAV for LCS @ $15.01 to dec 29
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Comment by EdPaquetteon Dec 30, 2022 12:48pm
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Post# 35197227

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

RE:RE:RE:RE:Brompton updates UNIT NAV for LCS @ $15.01 to dec 29Yes that's how splits work.  The nav is made of cash on hand plus the value of the underlying stock with ten dollars set aside for preferreds. 
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