Canadian Banc Corp T.BK

Alternate Symbol(s): CNDCF | T.BK.P.A

The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per annum equal to the Prime Rate plus 2.0%, with a minimum targeted annual rate of 5.0% and a maximum targeted annual rate of 10.0% and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012.

TSX:BK - Post by User

Canadian Banc Corp > re etf follow up

<< Previous

Bullboard Posts

Next >>

Comment by SueBee2772on Sep 05, 2023 12:10pm

149 Views

Post# 35620010

RE:re etf follow up

To be honest I'm not a trader and there are good and bad things about that. If I miss good days in the market I can miss a lot of price appreciation. Everyone has their own style of investing. I buy and hold and use dividends to purchase more shares. I'm not psychic so I don't try to predict the future. A recession isn't guaranteed. However I don't think BK is a good deal at present. Even if the price is lower, it's dropping faster than the overall market and on days when the rest of the market isn't. Things can change quickly in the world of investment. BK was the last fund Quadravest had that was doing well. I think it's currently at risk of ending up like dfn.

<< Previous

Bullboard Posts

Next >>

Ivanhoe Mines initiates Phase 3 concentrator construction