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 > LCS easily makes it... UNIT NAV @ $15.17 to March 23

<< Previous

Bullboard Posts

Next >>

Post by mousermanon Mar 23, 2023 6:13pm

204 Views

Post# 35357500

LCS easily makes it... UNIT NAV @ $15.17 to March 23

So my off the cuff guesstimate was quite a bit low. Actually made out better than i thought as SLF was actually up since the update before today. So still trading at a discount and paying distributions while the gamblers buy commons that will miss this month , and for some it may not even pay this year.

<< Previous

Bullboard Posts

Next >>

Paramount Resources signs $3.32 billion asset sale