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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 > approval
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Comment by bmeister2on May 31, 2016 8:55pm
172 Views
Post# 24921358

RE:approval

RE:approvalLol. Those poor fools will finally realize just how much influence these billboards have. zilch! 97 percent means the goose was REALLY cooked. Git er done, boys. Time to move on. yeah, Brain, I do like Gte and am looking at some others to get in before the fall. I suspect oil will trade sideways for a while but a cold winter with La Nia could make a difference,and the wild card in a lot of this will be the U.S. President. if Trump wins, I am buying Coal in Virginia,no kidding. he is not fathering to the environmentalists at all. move over Al Gore. Lol
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