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 > LCS unit nav to JUNE 20 = approx: $16.15

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Post by mousermanon Jun 20, 2023 8:52pm

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Post# 35506356

LCS unit nav to JUNE 20 = approx: $16.15

So spreadsheet showing a loss of 15 cents since the update on Thursday. Would have been worse if IAG had been in the red with the other 3....
Commons now have a value of $6.06 after prorating preferreds are accounted for.
Trading right at NAV finally.... still one of the best buys in the split funds, and has stayed above 16$ UNIT nav while others like DGS and DFN have tanked to below the 15$ theshhold.

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