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 in realtime @ $17.23

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Comment by Toppicks1on Mar 06, 2024 7:26pm

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Post# 35919363

RE:RE:LCS in realtime @ $17.23

Toppicks1 wrote:
mouserman wrote: Looking at a gain of about 30 cents since thursday update.
Dont have any LCS , but have a lot of LFE, which is above the 15 $ threshhold, and trading at about a 10% discount. I think bigger capital gains will come there. If LCS discount becomes bigger than LFE, i may dive back in.
42 cents discount for LCS after distributions are figured in, i believe. Works out to about 5.8%..

Not sure why you wouldn't own Lcs if you truly think the discount will disappear in shortly in your other post. Maybe just limited funds please do tell

You are not a all in one basket are you.

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