Bullboard - Stock Discussion Forum Brompton Split Banc Corp T.SBC.PR.A

Primary Symbol: T.SBC

Brompton Split Banc Corp. (the Fund) is a Canada-based mutual fund company. The Fund's investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions and to return the original issue price of $10.00 per Preferred share to shareholders at maturity and to provide holders of Class A shares with regular monthly cash distributions... see more

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TSX:SBC - Post Discussion

Brompton Split Banc Corp > SBC unit nav to Dec 9 = approx. $20.96

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Post by mouserman on Dec 09, 2020 5:58pm

SBC unit nav to Dec 9 = approx. $20.96

So with the PRORATED preferred part taken off, ( 10 cents) SBC commons have a value of
$10.86 here. Hard to believe that the market gives absolutely no premium to the safest split fund out there. Mind you , there is not much that makes sense in this market at this point.
DOW , Nasdaq , S & P all hitting alltime highs. Is the US economy really in that good condition to warrant alltime highs?
Not from my view. But the stock market says otherwise.

180

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Comment by ehud42 on Dec 10, 2020 10:09am

Hard to believe that the market gives absolutely no premium to the safest split fund out there Is the market chasing bubbles or short term capital gains? A fun ride for some, but makes me nervous. If they want to chase bubbles in other splits and let this one sit quietly in the shadows, then maybe that's a (relatively) safe harbour for us more cautious types to put our money.

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Brompton Split Banc Corp