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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 Donwaanon Mar 12, 2024 12:14pm
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Post# 35928611

Disinflation momentum is stalling

Disinflation momentum is stallingFeb. CPI report showed the decline of inflation in the US has been stalling. As such the markets are "ripe for disappointment" as summer may still be too early for the Fed's first interest-rate cut of 2024. https://www.marketwatch.com/livecoverage/cpi-report-for-february-dow-futures-inch-higher-ahead-of-key-inflation-data/card/markets-are-ripe-for-disappointment-as-disinflation-momentum-is-stalling-says-zacks-investment-management-ohn8WstY1eLAB9tFG8YL?mod=home-page
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