Company
Life & Banc Split Corp.
Headquarters: Toronto, ON, Canada
Market Cap
C$811.4 Million
CAD as of July 1, 2024
US$590.7 Million
Life & Banc Split Corp. Categories
Canada Financials Asset ManagementCanada Financials Canada Asset Management
Top Competitors by Market Capitalization
Industry: Asset Management
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|---|---|
| Blackstone | $148.37 B |
| BlackRock | $117.48 B |
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| Brookfield Corporation | $65.40 B |
| The Bank of New York Mellon Corporation | $44.78 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $887.16 B |
| JPMorgan | $599.29 B |
| Visa | $550.38 B |
| Mastercard | $416.63 B |
| Bank of America | $316.02 B |
Detailed Description
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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Stocks & Indices
Life & Banc Split Corp. has the following listings and related stock indices.
Stock: TSX: LBS wb_incandescent