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 > Tough

<< Previous

Bullboard Posts

Next >>

Comment by Toppicks1on May 07, 2024 2:34pm

39 Views

Post# 36027282

RE:RE:Tough

mouserman wrote: Being illiquid works both ways.... doesnt take much interest to move up 4 or 5 % in a day or two..
Impatience doesnt work with these. April 30 LCS was @ $6.14 today it hit over $6.70 .. so 9% + move up...
FTN is up 15 cents in that same time... BK up 8.5 cents..

Granted neither of those 2 lost 15% from the end of march until the middle of April either.

<< Previous

Bullboard Posts

Next >>

Two micro-cap stocks with strong fundamentals