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

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Post by mousermanon May 09, 2024 5:04pm

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Post# 36032217

LCS unit nav guess = approx: $17.41...

So if the effect of the retraction is 0, the gain will have been about 87 cents in the past week. Not sure if last weeks UNIT NAV estimate included that retraction effect. At any rate huge weekly gain for LCS. Much bigger than the gain in the common shares.

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