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 > LCS UNIT NAV to Nov 11 = approx; $20.59

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Comment by Stoiklaughon Nov 12, 2024 8:52am

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Post# 36307958

RE:RE:RE:LCS UNIT NAV to Nov 11 = approx; $20.59

That would be good news for the holders, indeed!

I still have a few shares to keep int on the radar and because it is still with a discount, but I am more invested in LFE, LBS, FTN, FFN and even DGS (for diversification and it seems to have magical powers to attract without a discount).

I have also been adding BEPR for a gradual exposure to prefs...

GLTA

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