Purpose Canadian Financial Income Series A T.BNC

The fund seeks to provide shareholders with (i) long-term capital appreciation through investment in a portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and Canadian Insurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthly distributions.To achieve its investment objectives, the fund will invest primarily in equity securities of Canadian Banks (up to 70% on an equal weighted basis) and to a lesser extent Canadian Insurance Companies (up to 30% on an equal weighted basis). portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and CanadianInsurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthlydistributions.

TSX:BNC - Post by User

Purpose Canadian Financial Income Series A > Valeant Drug Sale... Just Down the Street

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Comment by TheRock07on Aug 10, 2016 9:00am

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Post# 25125608

RE:Valeant Drug Sale... Just Down the Street

Valeant is going to sell over $8 billion US of its non core drugs in order to pay down debt.

These include a wide suite of both US and Canadian drugs and presents TST with a unique opportunity to acquire a suite of these drugs either singly or by merger or by RTO.

Valeant is HQed in Lavalle Quebec.

Buy and hold as we are going to see developments before the end of Sept

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