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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 unit nav to JUne 16 = approx: $16.21
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Post by mousermanon Jun 16, 2023 4:34pm
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Post# 35500982

LCS unit nav to JUne 16 = approx: $16.21

LCS unit nav to JUne 16 = approx: $16.21So appears LCS lost about 7 cents today off the UNIT NAV , most of that from dumping of  MFC .
Commons would have a value of about $6.14   after accounting for preferreds dist. in the future.So even after that is accounted for LCS back to a discount. Knew the premium  couldnt last ....lol

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