TORONTO, ONTARIO--(Marketwired - Oct. 20, 2016) - (TSX:LCS) - Brompton Lifeco Split
Corp. is pleased to announce that a monthly distribution in the amount of $0.075 per class A share will be paid on November 14,
2016 to class A shareholders of record at the close of business on October 31, 2016.
Improvement in the market prices of the Canadian life insurance companies has resulted in an increase in net asset value per
unit (consisting of one class A share and one preferred share) to $15.36 as at October 13, 2016 which allows the Fund to
reinstate the monthly class A share distribution. In accordance with the class A share provisions and the prospectus, cash
distributions may be paid on the class A shares, if after payment of the distribution by the Fund, the net asset value per unit
is greater than $15.00.
About Brompton Funds
Brompton Funds, a division of Brompton Group which was founded in 2000, is an experienced investment fund manager with
approximately $2 billion in assets under management. Brompton's investment solutions include TSX listed closed-end funds, mutual
funds, hedge funds and flow-through limited partnerships. For further information, please contact your investment advisor,
call Brompton's investor relations line at 416-642-6000 (toll-free at 1-866-642-6001), email info@bromptongroup.com or visit our website at www.bromptongroup.com.
You will usually pay brokerage fees to your dealer if you purchase or sell shares of the investment fund on the Toronto
Stock Exchange or other alternative Canadian trading platform (an "exchange"). If the shares are purchased or sold on an
exchange, investors may pay more than the current net asset value when buying shares of the investment fund and may receive less
than the current net asset value when selling them.
There are ongoing fees and expenses associated with owning shares of an investment fund. An investment fund must
prepare disclosure documents that contain key information about the fund. You can find more detailed information about the
fund in the public filings available at www.sedar.com. Investment funds
are not guaranteed, their values change frequently and past performance may not be repeated.
Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian
securities laws. Forward-looking information may relate to matters disclosed in this press release and to other matters
identified in public filings relating to the Fund, to the future outlook of the Fund and anticipated events or results and may
include statements regarding the future financial performance of the Fund. In some cases, forward-looking information can be
identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict",
"potential", "continue" or other similar expressions concerning matters that are not historical facts. Actual results may
vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These
forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new
events or circumstances.