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 > Real time ..

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Post by Mmb060on Mar 20, 2023 11:20am

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Post# 35348934

Real time ..

Just found Stockhouse...
I have found being long/short split ahares very profitable!! Having realtime value is super important!

I see the combined value NAV is posted ( great) but i changed my display to be just the A share NAV since the distribution to clasa A is based on that.
Also reporting NAV of total unit ( ie 15.20) may give the illusion of a distribution is very possible until you take off the 8c-9c allocated to prefered shares ( so NAV of Class A now 5.11.. close to cut-off of 5.10)

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Cannara reports record growth and profitability in Q4 2023