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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 Investability00on Mar 10, 2023 11:46am
121 Views
Post# 35330801

Out yesterday

Out yesterday From LCS 45.5% profit plus distribution, and put it in Bk for slite bit more dividend. Sold DF with little profit and put it in FTN and gain a dividend of over 15%. Sold LFE with little profit, and went to cash. There might be a good deal come along soon. The markets are not predictable at all now. The life Co's hit all time highs recently. It stands to reason there would be a drop. The future is uncertain and the past gets clearer every day LoL 
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