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.

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Brompton Lifeco Split Corp > Brompton updates weightings

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Comment by AnEducatoron May 09, 2024 4:42pm

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Post# 36032150

RE:RE:Brompton updates weightings

The liabilities likely encapsulates the entire amount of cash that needs to be paid out to those who tendered their shares.

kurtwalter wrote: The 44% in cash is offset by 43.7% "other net assets (liabiilties)" What are we talking about? On page s-8 of the April 30 prospectus cash and liaibilities were both at 1%. Does this have to do with the 75M issue each of preferred and capital shares?

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