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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 Mikepalon Sep 08, 2016 8:37pm
150 Views
Post# 25220173

RE:The bigger disaster would be the people running the bullbord

RE:The bigger disaster would be the people running the bullbordWhy would BOD accept another offer....they receive the same golden parachute either way. Entertaining another offer is too much work....now BOD just sits back and waits for their cash. Not to mention the buyer or Telesta has to pay PLI 2.5 MIl to break the deal....
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