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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 rusty4998on Aug 27, 2016 10:01am
262 Views
Post# 25183134

RE:Anyone else see a link to the release 3 weeks ago..

RE:Anyone else see a link to the release 3 weeks ago..I wondered the same thing.  

Another theory:  Possibly because of the negativity of that release it was put out to make it more acceptable for shareholders to take what I consider to be a lousy deal.

All IMHO
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