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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Comment by Ahsanon Dec 28, 2011 10:34am

335 Views

Post# 19354113

RE: RE: RE: 2012 - predictions

have a look at this.

https://www.cnbc.com/id/45803088

i dont know but could there be a war between US and iran. US wants to impose sanctions and iran says no oil from the strait of hormuz if that happens. just so u guys know 18% of the world's oil supply flow through there. then US says if iran does something like that (no oil from the strait) then they have a plan to keep the strait open. too many things happening. italy auction went well. anyway buy if it goes lower.

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