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 > Brompton reports LCS unit NAV @ $16.52

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Post by mousermanon Apr 28, 2023 10:07am

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Post# 35418998

Brompton reports LCS unit NAV @ $16.52

SO they did delay accounting for distributions , altho the NAV reported for the commons does show the entire preffered portion taken off, posted at $6.37 value for commons. if we take off the remaining 7.5 cents for the distribution to commons the UNIT NAV to yesterday comes in @ approx: $16.29. My spreadsheet was deadon to the penny.

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