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 AUG 29 = approx: $15.67

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Post by mousermanon Aug 29, 2023 4:41pm

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LCS unit nav to AUG 29 = approx: $15.67

Huge move back up for the big 4 lifecos. All on the last day to buy for the dist.
Commons now actually have a value of about $5.60 now... and so its back to the usual discount to NAV. However those of us buying down at the recent lows around 5$ are collected a nice fat divvy.

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