Brompton Lifeco Split Corp T.LCS

Alternate Symbol(s): T.LCS.PR.A

Financial Services Asset Management

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 AUG 18 = approx: $15.62

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Comment by Experiencedon Aug 18, 2023 1:26am

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Post# 35594298

RE:RE:RE:LCS unit nav to AUG 18 = approx: $15.62

The thing to remember about bonds is that they also react to changes in the interest rates. When rates go down the value of the bond goes up. So if you time it reasonably well, you will get the coupon rate plus some pretty hefty capital gains as interest rates go down.

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