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 FEb 28 = $17.10

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Comment by Mmb060on Mar 04, 2024 10:43pm

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RE:RE:LCS unit nav to FEb 28 = $17.10

The mkt itself will ensure the proper discount, both before and after redemption date.

Wouldnt you as an investor buy a stock if you were guaranteed a good return in a few days?

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