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 > Now $15.93 lifecos doing better % wise than banks

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Comment by navgodon May 15, 2023 2:16pm

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Post# 35448727

RE:RE:Now $15.93 lifecos doing better % wise than banks

Agree with most of your points -- only correction I would make is that new issues are not allowed to be done at a discount to NAV. This does mean there is currently no risk of a new issue for LCS. Even after redeeming a large block into the annual retraction LCS is still by far my largest holding. GLTA

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Brompton Lifeco Split Corp T.LCS

Alternate Symbol(s): T.LCS.PR.A

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TSX:LCS - Post by User

RE:RE:Now $15.93 lifecos doing better % wise than banks