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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 Kadiddelhopperon Mar 17, 2023 2:52pm
71 Views
Post# 35345688

RE:RE:Brompton reports UNIT NAV @ $15.39

RE:RE:Brompton reports UNIT NAV @ $15.39Certainly in the Oversold channel on the RSI with the exception of IAG which is still around 46 while the other 3 namely , MFC GWO and SLF are firmly below 30... Perhaps next week for an improvement? A lot of heavy lifting though to get back to the 6's range for LCS, following the rout of this last= 6 Business days.
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