Brompton Lifeco Split Corp T.LCS

Alternate Symbol(s): T.LCS.PR.A

Financial Services Asset Management

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

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Post by mousermanon Dec 24, 2024 11:50am

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Post# 36376527

LCS unit nav in real time @ $19.48 before dist.

SO on the pullback last week, lifecos became oversold... and now the UNIT NAV has gained 34 cents since thursdays updated numbers. LCS commons now trading at $9.51 so discounted about 97 cents before dist. and about 90 cents after paying to commons. just under 10% discount.

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