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 > Redistribution

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Comment by Stoiklaughon Jan 13, 2025 11:15am

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Post# 36401294

RE:Redistribution

There is still a nice safety cushion (NAV vs treshold) and I personnaly like the way Brompton communicate frequent NAV updates...

I agree with you that yield is low... I like to keep some so that it is still on my radar and it's fun when it bursts up!

GLTA

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