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Brompton Lifeco Split (TSX:LCS) Receivables Turnover : (As of Jun. 2024)


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What is Brompton Lifeco Split Receivables Turnover?

Receivables Turnover does not apply to banks and insurance companies.

Brompton Lifeco Split Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brompton Lifeco Split Corp (TSX:LCS) » Definitions » Receivables Turnover
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Traded in Other Exchanges
LCS.PR.A.PFD:Canada
Address
181 Bay Street, Bay Wellington Tower, Suite 2930, Box 793, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Website
https://www.bromptongroup.com
Brompton Lifeco Split Corp is a mutual fund corporation based in Canada. It invests in a portfolio comprised of common shares of publicly traded Canadian life insurance companies. The Fund's objectives in managing its capital are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions and to return the original issue price to the holders of the shares on the maturity date, the terms of which may be extended for periods of up to five years as determined by the Board of Directors, and to provide holders of Class A shares with regular monthly cash distributions targeted share and the opportunity for growth in Net Asset Value per share. Its products are ETFs, Other TSX Traded Funds Preferred Shares, Split Share Class A Share Investments.