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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 Mar 13, 2023 4:18pm
177 Views
Post# 35335874

LCS unit nav to March 13 = approx: $15.48

LCS unit nav to March 13 = approx: $15.48So now has lost 64 cents in 2 sessions since the update last thursday.  Still another week to go until Brompton does the calculations.  US FED and govt  trying to bail out the irresponsible Silicone Bank and others, so maybe this steep slice in financials is about to turn back around. Kicking the can down the road is what the US does better than anyone.
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