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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

Comment by mercedesmanon Aug 24, 2016 3:10pm
217 Views
Post# 25173121

RE:RE:RE:keep your position

RE:RE:RE:keep your position
Thx for posting That is EXACTLY why PLI shares are not going down as a result of the share exchange. This is a no brainer for them. Cash and tax losses are the cake. The other assets are the icing. Ask yourself why 50 million shares were purchased today. I smell a better offer coming. And there is a floor. MCNA is not dead.
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