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

<< Previous

Bullboard Posts

Next >>

Comment by mousermanon Jul 14, 2023 10:23am

60 Views

Post# 35541069

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

Not a real big fan of the holdings....but certainly the value is good as far as the Level of the NAV. Still havent got to reading the prospectus to see how the payout is determined...

<< Previous

Bullboard Posts

Next >>

First Helium advances winter drilling program with Leduc Anomaly test well