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 > Help please

<< Previous

Bullboard Posts

Next >>

Comment by zeroboot1on Feb 28, 2016 11:43pm

100 Views

Post# 24604219

RE:RE:Help please

I echo the warning of others...do not invest solely on what you 'hear' on SH...its full of sheisters, pumpers, dumpers, know-it-alls, know-nothings, and everything in between. Having said that, I'd go with BNK, BTE, NBZ, and maybe some CKE for fun.

Also for fun, maybe diversify and do one Gold, one Oil, and one Uranium stock....
Gold pick: BTO, Oil: BTE, and Uranium: FCU.

these are all risky stocks. If you want something with less risk try (and admittedly less potential upside):

Gold: Barrick, Oil: Cdn Oil Sands , Uranium: Cameco

<< Previous

Bullboard Posts

Next >>

How one company is disrupting PoC testing