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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

Big Banc Split Corp > Did you read what you wrote
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Post by QUANTUMJUMPon Jul 19, 2016 10:52pm
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Post# 25067390

Did you read what you wrote

Did you read what you wroteSeriously it is a lucky thing to be such a moron you dont realize you are a moron 

"I spoke to someone who said that they are waiting to hear from the Chinese finance department to release the funds to be exchanged into Canadian dollars. They don't know when that will happen because it's not up to them."

Like F'CK man 

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