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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

Post by mousermanon Jan 04, 2023 12:44pm
238 Views
Post# 35202970

Bigger volume today

Bigger volume todayGuess it has sunk in with some out there. Not sure if CIBC was shorting it, but they have been on the buy today. RBC now the biggest buyer... SW showing 109,000 shares trading hands today so far , in about 3 hours of trading. Last time LCS traded over 100K was on DEC 21 when it jumped 30 cents. I was part of that buying.
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