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.

TSX:BNK - Post by User

Big Banc Split Corp

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Comment by lefmike1on Nov 27, 2012 7:23am

150 Views

Post# 20647340

RE: RE: I thought that guy was off on a few

You may very well be right,

slow day, actually I hope there is a 6th rig in tansit, if there is,--- there simply was no mention of it in the presentation.

I'm just wondering why the COE of a company that is not associated to BNK would even bring up their name aside from saying "look we will do as well as this company and right now they are doing this and that, " it doesn;t have to be right on accurate, it's only his opinion and we shouldn;t hold any truth to his assessment and IF he is correct good...

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