Life & Banc Split (TSE:LBS) has released an update.
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Brompton Funds has reported new risk ratings for its preferred shares that align with Canadian ETFs and mutual funds, facilitating a more standardized comparison for investors. The ratings, based on historical market price volatility, range from ‘Low’ to ‘High’ and are accompanied by preferential, tax-advantaged quarterly distributions. These updates aim to provide clearer insights into the risk profiles of the preferred shares, which have historically offered stable returns.
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