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 rimupon Dec 02, 2012 8:25am

148 Views

Post# 20671738

RE: RE: politics

I totally agree with himmler. if albania wants into the euroope union ( and it does) they better operate with-in the economic and pollitical framework that is currently practiced. they do not need any mis-steps at this point. Also bnk does not need taci to take us out at 5-7 dollars --- we can get there all on our own if we continue the renewed production increases and come out with a good 2p reserve report for y/e 2012. I believe the 2.35 last week was the end of tax loss selling for bnk and from now to feb2013 is a steady rise in share price.

see yous monday

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