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

Bullboard Posts

Post by 1crisisatatimeon Mar 19, 2015 10:13am

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Post# 23537934

New day, new hopes, new mindset.

I have closed my short position here, and taken a beating, because I agree with BC and others that we have reached near bottom and being long is a much better position to be in here. I have guessed incorrectly here and hope my changing positions is the right move. My dd is still only reliable if things happen as anticipated!. glta

Bullboard Posts

Gold, growth and sustainability in focus for Mandalay Resources