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

<< Previous

Bullboard Posts

Next >>

Post by mousermanon Nov 07, 2024 3:16pm

58 Views

Post# 36301698

LCS the leading gainer amongst the split fund commons today

So dont worry about the low liquidity and yield, there is great money to be made here. Low liquidty works both ways, if you want in you have to pay up.. if you want to sell big, you will drop the price big..

<< Previous

Bullboard Posts

Next >>

E3 inches closer to Alberta's first lithium production plant