LIFE & BANC SPLIT CORP LBS

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LIFE & BANC SPLIT CORP TSX
 
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Profile

Sector: Miscellaneous
Industry: Investment Trusts/Mutual Funds
Div Yield: 14.49%
Life & Banc Split Corp. is a mutual fund company, which invests in the portfolio that comprises of common shares of Canadian banks and publicly traded Canadian life insurance companies. It aims to provide holders of preferred shares with fixed, cumulative, preferential quarterly cash distributions and to return the original issue price to holders of the shares on the maturity date. The company was founded on September 6, 2006 and is headquartered in Toronto, Canada.