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 > Big 4 bounce back UNIT NAV now @ $19 ...

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Comment by mousermanon Sep 24, 2024 12:12pm

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Post# 36238502

RE:RE:Big 4 bounce back UNIT NAV now @ $19 ...

Stoiklaugh wrote: tha t would make them more appealing indeed!

I have noticed that they put emphasis on the fact that their distribution is mostly capital return...

is it the same for all the splits you follow or is Brompton really doing more Cap return that Quadravest that would be more dividends than Capital return...?

Thanks again for your NAV info and your help.

GLTA

not sure there is much difference between the tax implications of Brompton splits and Quadravest...

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