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.

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Brompton Lifeco Split Corp > Homeowner's insurance re. wildfires

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Comment by mousermanon Aug 19, 2023 8:45am

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Post# 35596113

RE:Homeowner's insurance re. wildfires

Smoke from the fires is also causing health issues, and perhaps that is part of the negative for those lifecos with group health insurance . IN BC , in many jurisdictions, the air quality has reached the top rating for being dangerous to health. 2 of my siblings live in Kamloops and they are getting ready to evacuate, not just because of the proximity to a large out of control wildfire, but also because of the air quality.
Might be more to the story than just wildfire home insurance claims for the lifecos.

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