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.

TSX:BNK - Post by User

Big Banc Split Corp > o Thedave2oo6 BNK is a Great Daytrade ... Fact!

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Comment by ok2buyon Mar 10, 2016 4:57pm

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Post# 24645469

RE:o Thedave2oo6 BNK is a Great Daytrade ... Fact!

BNK is okay as a daytrade. But you were literally flipping BNK for a few pennies today to make a profit. There are others that make for a better day trade with a lot nicer swing. But if BNK is your thing, then go for it. To each his own I guess./ok2

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