Brompton Lifeco Split Corp T.LCS

Alternate Symbol(s): T.LCS.PR.A

Financial Services Asset Management

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 > Dumpers selling LCS at discount

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Comment by Inglewoodon Apr 24, 2023 12:18pm

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Post# 35410546

RE:Dumpers selling LCS at discount

Agreed the Lifecos have a ton of momentum right now.. but alas, I also dumped my LCS shares @ $5.88 and bought BK with all the proceeds.. LCS and BK yield both approx. 15%.. my thinking was if things go haywire in the next month or so, there is much more safety in BK as a dividend payer, and terms of price history, BK has been more stable.. but I am new to the split share game!

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