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TSE:LBS

Life & Banc Split Corp. (LBS.TO)

13.06
-0.24 (1.80%)
as of Aug 18, 2026, 8:00:00 pm Market Open.
31 watching
0
DON'T BUY

Has a degree of leverage in it. You're buying exposure to a basket of great Canadian stocks with dividends. Leverage can be in the range of 150-200%. When it's going up, it's great. But when it's going down, not so much. 

He wouldn't add leverage to a portfolio now with anybody's money. We're in a high-risk period when markets are pretty fully valued, and all kinds of economic growth risks are in front of us. 

In April after the tariffs, with markets down 15-20%, there were much better valuations and it was a much better time to add leverage. If you look at all the cycles over 100 years for US large caps, the average drawdown is 13%, and that's the point where you start looking. Bear in mind that the average recession has a drawdown of 29%. There is a time in a market cycle to add leverage, but now is not one of those times.

COMMENT
LBS vs. FTN An interesting structure, but they have their own at his shop. One is a play on ENB. Very optimistic about the potential for ENB to continue raising its dividend. He also has a real estate split with a mix of long-term value REITs and industrial exposure to access the e-commerce trend.
COMMENT
Very focused. Have positions in 4 life insurers and they are running a covered call program against the existing long positions. Going to have volatility given its exposure.
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Life & Banc Split Corp. (LBS.TO) Frequently Asked Questions

What is Life & Banc Split Corp. stock symbol?

Life & Banc Split Corp. is a Canadian stock, trading under the symbol LBS.TO (previously LBS-T on Stockchase) on the Toronto Stock Exchange (LBS-CT). It is usually referred to as TSX:LBS or LBS.TO

Is Life & Banc Split Corp. a buy or a sell?

In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on LBS.TO (previously LBS-T on Stockchase). 0 analysts recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is DON'T BUY. Read the latest stock experts' ratings for Life & Banc Split Corp..

Is Life & Banc Split Corp. a good investment or a top pick?

Life & Banc Split Corp. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Life & Banc Split Corp..

Why is Life & Banc Split Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Life & Banc Split Corp..

Is Life & Banc Split Corp. worth watching?

Life & Banc Split Corp. is followed by 31 investors on Stockchase and is a trending stock that is worth watching.

What is Life & Banc Split Corp. stock price?

On 2026-08-18, Life & Banc Split Corp. (LBS.TO) stock closed at a price of $13.06.