Overview
Description
Brompton Lifeco Split Corp. is a type of split share corporation focused on investments in the financial services sector, specifically in Canadian life insurance companies. Its primary function is to offer investors the opportunity to gain exposure to a portfolio of life insurance firms while also providing the advantages of both dividend income and capital appreciation. The company issues two types of shares: Class A shares, which provide the potential for leveraged capital appreciation, and Preferred shares, which offer more stable, income-oriented returns through regular fixed dividends. Brompton Lifeco Split Corp. plays a significant role in the financial market by catering to investors with specific income and growth objectives, and by enhancing market diversification for those interested in the life insurance sector. It operates within a niche segment of the investment world that balances risk and return, appealing to those who seek targeted exposure to the performance of prominent life insurance companies in Canada.
About
Address
Bay Wellington Tower
Brookfield Place Suite 2930 P.O. Box 793, 181 Bay Street
Toronto, M5J 2T3, ON
Canada
Brookfield Place Suite 2930 P.O. Box 793, 181 Bay Street
Toronto, M5J 2T3, ON
Canada
Phone
416-642-9061
Website
Instrument type
Closed-end fund
Country
Canada
MIC code
XTSE