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 > Brompton affirms LCS UNIT NAV @ $15.70 to Oct 12

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Comment by NoShoesNoShirton Oct 13, 2023 9:52am

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Post# 35682022

RE:Brompton affirms LCS UNIT NAV @ $15.70 to Oct 12

mouserman wrote: SO value of the commons is quoted on Brompton website @ $5.58, which accounts for prorated distributions taken off, but not the 7.5 cents for commons.
Last trade @ $5.55 is basically right at NAV...

I'm here for the run up of premiums. Nav is rising here faster than any other split fund. After paying a few more times the premium could be a dollar.

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