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.

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Brompton Lifeco Split Corp > LCS unit nav in realtime @$19.08

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Comment by NoShoesNoShirton Sep 25, 2024 3:44pm

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Post# 36240886

RE:RE:LCS unit nav in realtime @$19.08

Looks like people held it the last 3 weeks for the capital gains, and now sell it for a higher dividend elsewhere. I don't mind the 7.5 cent dividend considering that the nav is rising steadily by about 45 cents per month. April 15th it was 6.48.now 9.08.

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