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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.


TSX:BNK - Post by User

Bullboard Posts
Comment by got2winon Jun 14, 2008 7:55pm
447 Views
Post# 15186311

RE: BNK Possible Addition To S&P/TSX >UBS

RE: BNK Possible Addition To S&P/TSX >UBSNo we didn't make it on.

Standard & Poor's Announces Changes In S&P/TSX Canadian Indices

   TORONTO, June 13 /CNW/ - Standard & Poor's Canadian Index Operations
  announces the following index changes as a result of the Quarterly S&P/TSX
  Composite Index Review. These changes will be effective at the open on Monday,
  June 23, 2008:
  
   <<
   S&P/TSX COMPOSITE INDEX
   -------------------------------------------------------------------------
   ADDITIONS
   -------------------------------------------------------------------------
   Live Composite
   Issue Name Symbol 60/Completion GICS Sector Index
   -------------------------------------------------------------------------
   Birchcliff Energy Ltd. BIR Completion Energy
   -------------------------------------------------------------------------
   Crew Energy Inc. CR Completion Energy
   -------------------------------------------------------------------------
   Iteration Energy Ltd. ITX Completion Energy
   -------------------------------------------------------------------------
  
   DELETIONS
   -------------------------------------------------------------------------
   Live Composite
   Issue Name Symbol 60/Completion GICS Sector Index
   -------------------------------------------------------------------------
   Aastra Technologies AAH Completion Information
   Limited Technology
   -------------------------------------------------------------------------
   Allen-Vanguard
   Corporation VRS Completion Industrials
   -------------------------------------------------------------------------
   Ballard Power BLD Completion Consumer
   Systems Inc. Discretionary
   -------------------------------------------------------------------------
   Breakwater BWR Completion Materials,
   Resources Ltd. Diversified Metals
   & Mining
   -------------------------------------------------------------------------
   Crystallex International KRY Completion Materials
   Corporation
   -------------------------------------------------------------------------
   Tesco Corporation TEO Completion Energy
   -------------------------------------------------------------------------
  
   Changes to the S&P/TSX Composite Index will also affect the S&P/TSX Capped
  Composite Index. Stocks added to or removed from the S&P/TSX Composite Index
  will also be added to or removed from the appropriate Global Industry
  Classification Standard (GICS) sector index.
  
   S&P/TSX GLOBAL MINING INDEX
  
   ADDITIONS
  
   Issue Name Symbol Exchange
   Capstone Mining Corp. CS TSX
   Grande Cache Coal Corporation GCE TSX
   Western Canadian Coal Corp. WTN TSX
  
   DELETIONS
  
   Issue Name Symbol Exchange
   Aurora Energy Resources Inc. AXU TSX
   Breakwater Resources Ltd. BWR TSX
   Crystallex International Corp. KRY TSX
   Frontera Copper Corporation FCC TSX
   Guyana Goldfields Inc. GUY TSX
   Uranium Resources, Inc. URRE NASDAQ
  
   S&P/TSX GLOBAL GOLD INDEX
  
   DELETIONS
  
   Issue Name Symbol Exchange
   Crystallex International Corp. KRY TSX
   Guyana Goldfields Inc. GUY TSX
   >>
  
   Company additions to and deletions from an S&P index do not in any way
  reflect an opinion on the investment merits of the company.

Bullboard Posts