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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

Comment by Stoiklaughon Aug 14, 2024 10:58am
52 Views
Post# 36178497

RE:Correction UNIT NAV is now @ $17.40

RE:Correction UNIT NAV is now @ $17.40 Thanks for the update, still a good deal IMO.

Good payout history and Price below NAV makes it interesting even with 13% div payout.

Added some in the last couple of days, now I hope price catches up to the NAV value...

GLTA
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