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

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Post by mousermanon Oct 12, 2023 4:48pm

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Post# 35681290

LCS unit nav to OCT 12 = approx: $15.70

So LCS backed off a bit today and spreadsheet now showing only a gain of 26 cents since the update last thursday. Tomorrows numbers should show the UNIT NAV around $15.70 unless some changes have taken place within the weightings or cash. LCS the only split fund at a paying level to commons trading at a discount , altho after distributions are factored in it would be very close to trading at NAV.

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