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 Realstaron Jan 13, 2014 3:20pm

235 Views

Post# 22086104

RE:RE:RE:RE:Albania

Geez you guys are a tough crowd, I merely pointed out my education which means nothing because of a lewd on line degree statement. I am quite aware of the politics and "contracts" very sorry for using the term agreements how silly of me. Guys I am a stock holder and a friend. Did not come on here to bash the stock or anyone. My appologies if that occurred. Tough crowd, have a good day

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