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 in realtime @ $16.16

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Comment by mousermanon Jul 13, 2023 4:38pm

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Post# 35540129

RE:RE:LCS unit nav in realtime @ $16.16

Hmm cant say i have followed that one, but very strange that it is THE ONLY split fund from Brompton that calculates the NAV daily. It does seem to be trading very close to NAV, but yield is of course lower, and it doesnt look as tho it is locked in... will have to read the prospectus..

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