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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 Experiencedon Apr 24, 2023 4:07pm
68 Views
Post# 35411122

RE:Dumpers selling LCS at discount

RE:Dumpers selling LCS at discountThey can keep on dumping as I have been buying the last little while and plan to buy more especially before it goes X dividend.  Call me strange, but I Iike buying things that are selling below their NAV as opposed to paying more than something is actually worth.
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