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

Big Banc Split Corp

Bullboard Posts

Comment by tinman8on May 07, 2009 1:56pm

275 Views

Post# 15975262

RE: RE: RE: RE: New Out!!!!!!!!!!!!!!

Hey Shane - dont be so picky wih hound trader.
I didnt get picky with you when you told me that my prediction 2 weeks ago that oil was just as likely to go into the high 50s with another 1000 up on the TSX was rubbish
I seem to recall that you said I was wrong - because all the experts/economists were calling for a 1000 point correction and oil in the low $40's.
Still I expect that you are EXCITED that I was right

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