After reading the thread I still am having a problem understanding TLSCD. I know the 45 day rule with TLS shares. However what is the basic difference between purchasing a TLS share or a TLSCD. I mean you still get the div on the normal share if purchase pre ex div date and hold for the qualifying period. I know the CD stands for cum dividend. Would appreciate somone explaining what I am missing.
Thanks in advance.
tlscd, page-14
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