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 > Investor mindsets

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Comment by himmleron Dec 19, 2015 1:21pm

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Post# 24398061

RE:RE:RE:RE:Investor mindsets

Good points .Your post echoes my concerns perfectly.I will say this though..analysts,when working as an owner/partner for an investment firm can be invaluable for people with limited time for or knowledge about investments.There is a market for these people for sure. But when one sits facing these people in their own offices the atmosphere is far more personal than listening to some gasbag spewing BS on media.
Its easier to reach over and strangle the guy sitting across from you than it is the media gasbag..of course I jest here.
But if I make a mistake...I want it to be because of my decision alone..and not because I listened to a masquerading know-it -all investment guru.

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