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 > Now $15.93 lifecos doing better % wise than banks

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Post by mousermanon May 15, 2023 12:07pm

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Now $15.93 lifecos doing better % wise than banks

And still somehow the market gives the best valuations to split funds holding mostly banks, and not the lifecos which have been the best performing financials the past 4 or 5 months. With downgrades to US banking system, mainly regional banks, it is a better move to be in the lifecos. Many analysts agree with this.

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