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 to Nov 11 = approx; $20.59

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Post by mousermanon Nov 11, 2024 4:17pm

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Post# 36307211

LCS UNIT NAV to Nov 11 = approx; $20.59

Spreadsheet showing a loss of 5 cents as the lifecos backed off end of the day. Last trade @ $9.80 shows the discount as being 79 cents , as commons would be valued around $10.59. Works out to a discount of 7.4 %. Amazing there are some with bigger discounts out there. But none with smaller monetary payouts in the bunch i follow.

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