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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

Comment by Hulk27on Feb 23, 2024 7:34pm
73 Views
Post# 35896711

RE:RE:RE:LCS unit nav to Feb 21 = approx; $17.03

RE:RE:RE:LCS unit nav to Feb 21 = approx; $17.03Do you know how you do this on a trading platform like Questrade?
Would seem pretty logical to take that option if it was still discounted at the end of March and then buy back in May if you wanted.
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