Life & Banc Split Corp is a CA-based company operating in industry. The company is headquartered in Toronto, Ontario. The company went IPO on 2006-10-17. 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 Value per Class A share. To achieve these objectives, the Fund invests in a portfolio comprised of common shares of approximately six Canadian banks and four publicly traded Canadian life insurance companies. The Fund also writes covered call options on the underlying securities in the portfolio to generate additional distributable income for the Fund and/or to reduce the volatility of the Fund. The Fund's investment manager is Brompton Funds Limited.
Follow-Up Questions
Quelle est la performance du prix de l'action LFBCF ?
Le prix actuel de LFBCF est de $7.29, il a decreased de 0% lors de la dernière journée de trading.
Quels sont les thèmes d'affaires principaux ou les industries de Life & Banc Split Corp ?
Life & Banc Split Corp appartient à l'industrie N/A et le secteur est N/A
Quelle est la capitalisation boursière de Life & Banc Split Corp ?
La capitalisation boursière actuelle de Life & Banc Split Corp est de $342.4M
