Life & Banc Split Corp LFBCF

Primary Symbol: T.LBS Alternate Symbol(s): T.LBS.PR.A

Financial Services Asset Management

Life & Banc Split Corp. (the Fund) is a Canada-based mutual fund company. The Fund's investment objective is to provide holders of Preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date, and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for growth in Net Asset Value per Class A share. To achieve these objectives, the Fund invests in a portfolio comprised of common shares of approximately six Canadian banks and four publicly traded Canadian life insurance companies. The Fund also writes covered call options on the underlying securities in the portfolio to generate additional distributable income for the Fund and/or to reduce the volatility of the Fund. The Fund's investment manager is Brompton Funds Limited.

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Life & Banc Split Corp

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Post by mousermanon Jun 18, 2025 5:49pm

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Post# 36614385

LBS unit nav to June 18 = approx; $20.23

Spreadsheet now showing only a 10 cent loss since june 12..
Last trade @ $9.23 leaves it dsicounted by 1 $ , or about 10.1 % before distributions. Part of that distribuiton is 18 cents to preferreds on top of the 10 cents to commons . It is paid quarterly and ex-divvy date is JUNE 30.

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An exploration company focused on uncovering high grade silver in Canada's North