Canadian Life Companies Split Corp T.LFE

Alternate Symbol(s): CLSPF | T.LFE.PR.B

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the original issue price and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012. The Company will invest primarily in a portfolio of common shares of Proceeds: (the ``Portfolio) which will include the following publicly traded Canadian life insurance companies (the ``Portfolio Companies), each of whose shares will generally represent no less than 10% and no more than 30% of the net asset value (``Net Asset Value) of the Company: Great-West Lifeco Inc.

TSX:LFE - Post by User

Canadian Life Companies Split Corp > NAV for July 31st ?

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Comment by mousermanon Aug 01, 2024 8:10am

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Post# 36157806

RE:NAV for July 31st ?

Mmb060 wrote: Any update on estimate for NAV at end of trading day ?

Also, does your model use the percentage of the four insurance companies plus others

Manulife Financial Corp Sun Life Financial Inc 32.5 % OF NET ASSETS Canadian equities 91 24.7 iA Financial Corporation Inc Great-West Lifeco Inc 18.2 13.0 Bank of Nova Scotia Canadian Imperial Bank of Commerce 3.9 1.0 Prudential Financial Inc Aac Inc 1.0 0.8 Toronto-Dominion Bank MetLife Inc 0.7 0.5 Lincoln National Corp 0.3 US equities 6 Cash & cash equivalents B

YES my model uses % close to those... and that was the closing UNIT NAV ($14.95 ) after paying out the 17 cents in distributions to commons and preferreds.

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