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.

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Big Banc Split Corp

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Post by ThurstonHowell3on Apr 20, 2015 12:29pm

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Post# 23646650

for all its worth

bnkjf usa has never been at $3.00 usa....bnkjf was at $2.70usa or $ 2.80 usa back on dec 1/2014. Bnk fell from $4.20usa down to 2.70ish on 2 trading days around dec1/2014. Today BNK is at 2.99 usa..looks like she maybe breaking out. I wonder if BNK will now have a massive jump in our share price. Due to a technical correction. glta

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