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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

Comment by braincloudon Mar 14, 2016 11:06pm
96 Views
Post# 24658335

RE:RE:RE:RE:RE:RE:Braincloud

RE:RE:RE:RE:RE:RE:BraincloudDo a bit of reading. I don't need team mates man. I won't hate you for buying selling shorting or anything like that. All I suggest that if you want debate something then it's best that all parties have access to the facts and have the common sense to make an effort to inform themselves. Arguing with someone without this is just infantile. You say one thing, I say another. Until you read what I suggested then it makes no sense to debate it further. This particular subject with you is getting boring.
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