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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
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Post by mousermanon Jun 16, 2023 3:04pm
101 Views
Post# 35500748

NAT BAnk dumps LCS down to $6.06, back to a discounted value

NAT BAnk dumps LCS down to $6.06, back to a discounted valueSo managed to grab some at $6.06,  as I am still bullish on the lifecos in the current economic environment of higher interst rates coming.
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Dealroom for high-potential pre-IPO opportunities