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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 Kadiddelhopperon Mar 20, 2023 6:00pm
225 Views
Post# 35349964

Thanks MM...

Thanks MM...am busy fighting the temptation to re-enter LCS  at these lowered levels. If the U.S. Fed were to raise and thereby create a neg effect on the small shaky U.S regional  banks, would that have an effect on the CIBC, Scotia, and TD which were the 3 Cdn banks in the red today.?... and not by much considering ! 

Stock Gumshoe had a lengthy Article on the effects this past weekend, and I became more aware of the Insurance Co's extensive investrment in REITS and Commercial Properties... at least in the U.S. ...Rising rates affects all invested in Properties, Mortgages, and other forms of Loan investments., held within their Income Portfolios.

   Ha, the Light just went " On "......  think I just answered my own question about rising rates and their effect on Insurance Cos as part or All within a Split-Fund .  Caution is the byword in these Times!
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