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.

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Brompton Lifeco Split Corp > Brompton reports UNIT NAV @ $15.81 to MAy 11

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Post by mousermanon May 12, 2023 9:26am

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Brompton reports UNIT NAV @ $15.81 to MAy 11

So was within a penny on the spreadsheet.. it was kind of in between $15.81 and $15.82, so i picked the higher number. Discount continues to reign... maybe by Thursday when the calculation date shows another payment to commons, the discount will get smaller. After today only 4 more trading sessions, so looking like LCS makes it, even if holdings NAV's are flat for a day or two.

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