Big Banc Split Corp T.BNK

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

Financial Services Asset Management

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 matto1on Apr 20, 2012 7:02pm

336 Views

Post# 19818886

Bash or pump

Like the "Rock" said "it dosent matter what you think" its as simple as this; for every seller (panic or short) there is a rich happy buyer! Which in time, will be rewarded if patient enough! Its not like were making Sony tv's, the gagartuesque oil pit is there, its just a matter of picking it up. With a spoon or... its not going anywhere but in $$$ so the choice is yours! Have a good weekend.

Matt

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