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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

Brompton Lifeco Split Corp > LCS realtime UNIT NAV @ $15.81
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Comment by Hulk27on May 12, 2023 3:47pm
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Post# 35446166

RE:RE:RE:LCS realtime UNIT NAV @ $15.81

RE:RE:RE:LCS realtime UNIT NAV @ $15.81Thank you for all the explanations.

The high dividend rates are definitely what drew me towards LBS and LCS in the first place - but I didn't fully understand the $15.00 NAV requirement for payment of the dividends - now that all makes sense.

I'm happy to join the world of Split Shares :)
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