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 > Couldn't Resist

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Post by Experiencedon Oct 03, 2023 7:52pm

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Post# 35668078

Couldn't Resist

Aainst my better judgement I bought a small (underweight) position this afternoon in the high 4s. Still not convinced that ti might go lower but figured that I would start a position anyway. if it goes down some more I will establish a full position later.

We will see how it works out going forward.

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