LBS.CA Profile & Description — Life & Banc Split Corp
Life & Banc Split is a mutual fund corporation. Co.'s investment objectives are to provide holders of preferred shares with fixed, cumulative, preferential quarterly cash distributions in the amount of C$0.13125 per share and to return the original issue price to shareholders on Nov 29, 2013; and to provide holders of class A shares with regular monthly cash distributions targeted to be C$0.10 per share and with the opportunity for growth in net asset value per share. As of Dec 31 2012, Co. had total investment portfolio and total assets amounted to C$221,148,572 and C$225,786,743 respectively.