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 cheapinskion Jun 04, 2012 12:04pm

194 Views

Post# 19977642

RE: RE: RE: RE: RE: Tweedledum/Tweedledee

still holding Ahsan.......because I have to! I have some trading shares that will go when I see any sort of decent move but I'm so far under with my core holding that its no sense selling. lets hope for a clear message from the top later today. so far, no one believing.....but I'd say no leaks........else it would climb or tumble. no panic selling, just the movers taking advantage of an uncertain situation. good luck, cheapie

Bullboard Posts

Dynamic Funds Launches new ETF series on the TSX