Bullboard - Stock Discussion Forum Canadian Life Companies Split Corp T.LFE

Alternate Symbol(s): CLSPF | T.LFE.PR.B

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the... see more

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TSX:LFE - Post Discussion

Canadian Life Companies Split Corp > LFE unit nav to Sept 10 = approx; $15.87

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Post by mouserman on Sep 10, 2024 4:57pm

LFE unit nav to Sept 10 = approx; $15.87

Showing a gain of 20 cents since Aug 30 by my spreadsheet.
Commons now valued @ $5.87 and with the last trade @ $5.27.. over a 10% discount for the split fund common with the biggest gain from Quadravest split funds since the monthend update.
Also the one with the lowest UNIT NAV on that date.