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 13, 2023 4:19pm

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Post# 35682954

LCS unit nav to OCT 13 = approx: $15.60

Spreadsheet shows LCS losing about 10 cents today off the UNIT NAV. LCS actually trading at a slight premium now after distributions are figured in, with the close @ $5.65.
LCS will be paying to commons and preferreds in NOV, for this month.

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