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 > Government problems are never good news for these juniors

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Comment by CindySwirlon Dec 04, 2015 4:08pm

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Post# 24356146

RE:RE:Government problems are never good news for these juniors

eXpeditor. I don't have any valuation work done on bankers. you could be correct. I will dig into it some more. cheers.

just have concerns over foreign govt' intervention. Albania does not have a good reputation either. Niko was a strong buy from $100 to 8 cents.

again, IMO. GLTA

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