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

Bullboard Posts

Post by PUNJABIon Apr 03, 2013 2:16pm

220 Views

Post# 21206154

Overall market sell off taking down BNK

179 secutiries have created a new 52 week low of TMX. Few sellers taking down stocks becuase of lack of buyers.

Across the board selling. bargains everywhere

Exchange Statistics for T - TSX on 2013-04-03

Exchange Statistics for T - TSX on 2013-04-03

Issues Advanced	432
Issues Unchanged	241
Issues Declined	1,222
Issues Traded	1,895
Volume Advanced	29,102,642
Volume Unchanged	13,313,657
Volume Declined	254,737,906
Total Share Volume	297,154,205
Total Dollar Volume (1000s)	5,948,468
Total Trades	653,105
TICK	0.760
TRIN (Arms Index)	3.094
New Highs	61
New Lows	179