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Valuation
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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TSX:LCS - Post by User
Brompton Lifeco Split Corp
> LCS up a few pennies today
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JohnWalker
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Comment by
JohnWalker
on Jun 09, 2023 12:52pm
66 Views
Post# 35488745
RE:LCS up a few pennies today
RE:LCS up a few pennies today
There is quite a wall for sale between $5.95 and $6.00. Do you think that will melt if NAV continues to increase next week, or will it be necessary to chew through them?
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