Canadian Life Companies Split Corp T.LFE

Alternate Symbol(s): CLSPF | T.LFE.PR.B

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the original issue price and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012. The Company will invest primarily in a portfolio of common shares of Proceeds: (the ``Portfolio) which will include the following publicly traded Canadian life insurance companies (the ``Portfolio Companies), each of whose shares will generally represent no less than 10% and no more than 30% of the net asset value (``Net Asset Value) of the Company: Great-West Lifeco Inc.

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Canadian Life Companies Split Corp

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Post by mousermanon Sep 19, 2023 12:22pm

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Post# 35643583

LFE trading today , ANON covering

Noted a lot of covering in the short position in the last report. ( as a % of volume) and today anon by far the biggest and almost only buyer.

se Positions for C:LFE from 20230919 to 20230919

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
1 Anonymous	14,300	48,376	3.383	1,200	4,032	3.36	13,100	-44,344
33 Canaccord	1,800	6,030	3.35	0			1,800	-6,030
80 National Bank	0			100	337	3.37	-100	337
19 Desjardins	0			100	337	3.37	-100	337
7 TD Sec	24	80	3.333	1,000	3,370	3.37	-976	3,290
2 RBC	0			1,400	4,746	3.39	-1,400	4,746
57 Interactive	0			5,424	18,278	3.37	-5,424	18,278
79 CIBC	0			6,900	23,386	3.389	-6,900	23,386
TOTAL	16,124	54,486	3.379	16,124	54,486	3.379	0	0