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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.


TSX:BNK - Post by User

Big Banc Split Corp
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Post by CindySwirlon Dec 04, 2015 4:55pm
192 Views
Post# 24356293

Tax loss selling CDN Energy could get uglier

Tax loss selling CDN Energy could get uglier
OPEC will not save oil price. Iran production growing big time 2016. No more white knight saviours for CDN energy. Sell it all and drink some egg nog. IMO short sellers dream for year end, no reason to buy. watch out for US hedge shorts. Suncor should get slaughtered.
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Dealroom for high-potential pre-IPO opportunities