Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

TSX:LBS - Post Discussion

Life & Banc Split Corp > LBS unit nav to March 21 = approx: $18.04
View:
Post by mouserman on Mar 21, 2024 5:30pm

LBS unit nav to March 21 = approx: $18.04

Spreadsheet was a little higher earlier on, but lifecos backed off knocking down the NAV.
Brompton's update tomorrow should be close to this number.
Comment by lilswede on Mar 21, 2024 6:20pm
I have a question for you mouserman if you don't mind. On one of the other boards you mentioned that you are currently holding lfe and Ftn ( I own both as well). I'm just curious as to why you don't hold lbs as well. It has a decent amount of exposure to lifecos as well.  I've been quite happy with lbs as it has been a consistent payer. Anyways, would appreciate your view ...more  
Comment by mouserman on Mar 22, 2024 9:13am
Just a matter of a higher yield ,  with both of those . FTN heavily discounted as is LFE. LBS with a lower yield and trading closer to its NAV.
Comment by lilswede on Mar 22, 2024 1:23pm
That's what I figured. Thks for the reply.