Big Banc Split Corp T.BNK

Alternate Symbol(s): T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.

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Big Banc Split Corp

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Post by lefmikeon Jan 19, 2015 4:50pm

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Post# 23336749

Mr. Castle Do you know what you speak?

Seriously now do you know where BNK/Albania is located? . . . . . . . . . . . Albania is not in the Middle East, run by tyrants, thieves and terrorists such as Iran, Iraq, Saudi Arabia. . . . . . . . . . . . . . . . .. . .How about the other side of the Atlantic, try Venezuela, Columbia, or Panama or gee even Mexico for that matter . . . . . . . . . . . . . . . . . ....... You're out to lunch when you think Albania is anything like them politically, yes their government is still in its infancy and still learning how to work without political corruption (remember they are trying to get EEC acceptance) so do you think they would do anything to ruin their chances? GET REAL ! ! ! Albania is a little risky but every other country I mentioned is much more so... So get off your one argument bandwagon..

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