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Life & Banc Split Corp T.LBS

Alternate Symbol(s):  LFBCF | 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.


TSX:LBS - Post by User

Life & Banc Split Corp
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  • StoiklaughX
Comment by Stoiklaughon Dec 13, 2024 1:22pm
99 Views
Post# 36361339

RE:LBS unit nav in realtime @ $20.20

RE:LBS unit nav in realtime @ $20.20I am playing my last coins at 9.41 since noon.. I I catch some shares here and there... but will not be able to hold it much longer as my buy order is almost completed...

I will hopefull enjoy a nice bounce this PM or beginning of next week...

GLTA

PS: thanks for the NAV update!
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