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 nav jumps as ALL 4 CAD lifecos up today

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Post by mouserman on Oct 10, 2024 10:18am

LFE nav jumps as ALL 4 CAD lifecos up today

While a lot of the stocks in the diversifed funds are down, the lifecos are doing great....LFE may be on pace to pass DGS in the next few days. LCS did it a long time ago.

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Comment by Stoiklaugh on Oct 10, 2024 10:25am

Indeed! added some this morning... Hopefully LBS will also benefit! Looked real good at 6,30cad with holdings going up and yesterday's NAV already at 6.52 cad. GLTA

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Comment by mouserman on Oct 10, 2024 11:20am

LBS wont benefit as much as LFE, TD ( down today about 5%) one of the big 10 holdings in LBS.. and a very small holding in LFE..

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Comment by Stoiklaugh on Oct 10, 2024 11:23am

You are probably right.. LBS is lagging a bit lately but I like the fact that it is more balanced between lifecos and Banks,, stability is good but it also keeps the price slow to move... Thnaks for the input.

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Canadian Life Companies Split Corp