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 mousermanon May 31, 2024 5:22pm

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Post# 36067023

LCS unit nav to May 31 = approx: $17.01

Spreadsheet now showing a gain of about 8 cents since yesterdays update, which included dividend to GWO , which went ex divvy today. SO value of LCS commons after distributions to commons is $6.94 approx: Last sale for commons $6.66 means they are discounted approx: 28 cents or about 4%.

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