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Life & Banc Split Corp. (LBS.TO)

Previous Close
$9.50
Sector Valuation Confidence Level
High
Valuation methodValue, $Upside, %
Artificial intelligence (AI)55.75487
Intrinsic value (DCF)23.41146
Graham-Dodd Method10.9916
Graham Formulan/a

Company Information

Bay Wellington Tower
Toronto, ON M5J 2T3
Canada
Phone: 416-642-9061
Industry: Asset Management
Sector: Financial Services
CEO: Mr. Mark A. Caranci B.Com., BComm, C.A., C.P.A., CA, CPA

Life & Banc Split Corp. is a closed-ended equity mutual fund launched and managed by Brompton Funds Limited. The fund invests in the public equity markets of Canada. It seeks to invest in stocks of companies operating across banking and life insurance sector. The fund primarily invests in the stocks of the six largest banks of the country, as well as of life insurance companies, utilizing a split share structure on a low cost basis. It benchmarks the performance of its portfolio against the S&P/TSX Capped Financials Index and S&P/TSX Composite Index. Life & Banc Split Corp. was formed on September 6, 2006 and is domiciled in Canada.

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