Life & Banc Split Corp.
TSX : LBS.PR.A

Life & Banc Split Corp.

November 28, 2016 11:58 ET

Life & Banc Split Corp. Preferred Shares Receive Ratings Upgrade

TORONTO, ONTARIO--(Marketwired - Nov. 28, 2016) - (TSX:LBS.PR.A) - As a result of improving portfolio performance, DBRS Limited ("DBRS") issued a press release on Thursday, November 24, 2016 announcing that the preferred share rating for Life & Banc Split Corp. has been upgraded from Pfd-3(low) to Pfd-3. For a full copy of the DBRS press release please visit their website at www.dbrs.com.

About Brompton Funds

Brompton Funds, a division of Brompton Group which was founded in 2000, is an experienced investment fund manager with approximately $2 billion in assets under management. Brompton's investment solutions include TSX listed closed-end funds, mutual funds, hedge funds and flow-through limited partnerships. For further information, please contact your investment advisor, call Brompton's investor relations line at 416-642-6000 (toll-free at 1-866-642-6001), email info@bromptongroup.com or visit our website at www.bromptongroup.com.

You will usually pay brokerage fees to your dealer if you purchase or sell shares of the investment fund on the Toronto Stock Exchange or other alternative Canadian trading system (an "exchange"). If the shares are purchased or sold on an exchange, investors may pay more than the current net asset value when buying shares of the investment fund and may receive less than the current net asset value when selling them.

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Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this news release and to other matters identified in public filings relating to the Fund, to the future outlook of the Fund and anticipated events or results and may include statements regarding the future financial performance of the Fund. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.

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