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Bullboard - Stock Discussion Forum 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... see more

TSX:LBS - Post Discussion

Life & Banc Split Corp > LBS unit nav to DEC 18 = approx; $19.87
View:
Post by mouserman on Dec 18, 2024 4:03pm

LBS unit nav to DEC 18 = approx; $19.87

Spreadsheet now showing a loss of 39 cents since DEC 12... big down day after FED speak shook the markets.
Comment by Stoiklaugh on Dec 18, 2024 4:07pm
Discount is impressive! 
Comment by mouserman on Dec 18, 2024 6:24pm
Yes with the last sale at $8.62 the discount is  1.25 or about  12.66%.. i do believe the only one with a bigger discount is FTN @13.2%
Comment by thinkyourmoney on Dec 19, 2024 11:43am
It's like next month's distributions are already discounted.
Life & Banc Split Corp
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