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 > LCS unit nav to AUg 9 = approx: $17.07

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Comment by Stoiklaughon Aug 12, 2024 1:46pm

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Post# 36174899

RE:RE:RE:LCS unit nav to AUg 9 = approx: $17.07

Hello Mouserman, this is my first post here but I read most of your posts and appreciate the effort you put in providing us with NAV updates, so thanks!

Regarding LCS it seems to be at a discount with good upward potential, so I decided to jump in this morning a 6.85cad but I am wondering why you guys are waiting?

PPI and CPI this week worries you and you consider that there is plenty of time before div is declared?

Thanks!

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