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 Mar 22, 2012 12:42pm

337 Views

Post# 19705482

RE: Todays action has nothing..

i wonder where that guy is who basically disagreed with me when i said 2 days ago "i hope bnk holds. With the iran tension coming to an end oil will come down". his response. "no way. iran problem is no way close to an end etc etc".

this goes to show who has more experience and can think what can happen a few days ahead. sigh. oh well unfortunately i cant afford to lose 5k to 6k in 2 days. so i have to be more careful. if i were to listen to ppl over here i think i would be broke in a yr.

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