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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 mousermanon Mar 25, 2023 5:23pm
107 Views
Post# 35360560

RE:LCS is still in the zone

RE:LCS is still in the zoneWhat has Trump got to do with Credit Suisse? And i think the FED idiots are more to blame than TRUMP.  He isnt even in power now and  Biden didnt change it back... The FED and BIDEN should know the amount of  underwater  , nearly worthless  sovereign treasuries and bonds some banks and even entire  countries  have , and choose to run the interest rates up so fast that these instititions cant sell them fast enough to get out of trouble.  And the asian crowd are dumping US treasuries to buy gold. They were all told for years these  bonds /treasuries were the safest place to park money. And when rates were 0 to 1% , they likely were. Now one more rate hike and watch the house of cards fall.
Debt ceiling , what debt ceiling.... we have a printing machine, digital dollars coming to a country near you.
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