Bullboard - Stock Discussion Forum Life & Banc Split Corp T.LBS

Alternate Symbol(s): LFBCF | T.LBS.PR.A

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... see more

Add To Watchlist

TSX:LBS - Post Discussion

Life & Banc Split Corp > Brompton reports UNIT NAV @$17.36 to JUNE 8

View:

Post by mouserman on Jun 09, 2023 9:53am

Brompton reports UNIT NAV @$17.36 to JUNE 8

SO i do believe they have not yet accounted for distributions to commons...
as my spreadsheet was 11 cents low.

151

Comment

Comment by Obscure1 on Jun 09, 2023 2:33pm

mouserman: I continue to stock pile cash in anticipation of a bit of a stock market meltdown in the 2nd half of the year. In the past, I have typically jumped into one bank-based Split fund and/or ENS when the timing is right in order to keep things simple and because I don't have time to follow several. If the market does present a buying opportunity, I want to spread out my funds ...more

150

Comment

Comment by mouserman on Jun 12, 2023 6:09pm

My top pick is LCS, as I see lifecos doing better than the banks in this rising interest rate environment. Warren Buffet also hinted at liking the insurers...... still some more contagion could happen in the banking sector . Papering over the troubles wont work forever as we have seen. 'LCS also is trading at a discount to its VALUE and paying 15% annual yield at todays close. I also like LBS ...more

Comment

Life & Banc Split Corp