Brompton Lifeco Split Corp T.LCS

Alternate Symbol(s): T.LCS.PR.A

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 > LCS unit nav to Nov 24 = approx: $16.59

<< Previous

Bullboard Posts

Next >>

Comment by Toppicks1on Dec 14, 2023 8:19am

79 Views

Post# 35783970

RE:RE:LCS unit nav to Nov 24 = approx: $16.59

Toppicks1 wrote:
mouserman wrote: So looking like a gain of about 4 cents since yesterdays update. Commons started to get some buying today, altho the lifecos did back off a touch near the days end.
After distributions and prorated preferreds get taken off , the commons have a value of about 6.47 i believe. Discount would be 12 cents after distributions are taken into account.

Thanks for your postings. Very informative. I must say I switched from FTN yesterday to LCS. Had Avery tidy profit in FTN and wanted to bank it. Will be adding more LCS next week before ex day. Kudos to you.

Got almost 4K this am in divis. And have about 12k in capital gains. Thanks to mouserman. Kudos. Your nav posting are great. I hope you have a Merry Christmas.

<< Previous

Bullboard Posts

Next >>

Sirios Resource discovers visible gold in Quebec