Purpose Canadian Financial Income Series A T.BNC

The fund seeks to provide shareholders with (i) long-term capital appreciation through investment in a portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and Canadian Insurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthly distributions.To achieve its investment objectives, the fund will invest primarily in equity securities of Canadian Banks (up to 70% on an equal weighted basis) and to a lesser extent Canadian Insurance Companies (up to 30% on an equal weighted basis). portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and CanadianInsurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthlydistributions.

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Purpose Canadian Financial Income Series A > Fair value

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Comment by Frogger2on Aug 28, 2016 8:55pm

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Post# 25185413

RE:RE:Fair value

The only way I will even consider this offer is if all rights and properties regarding MCNA are excluded and remain property of the CURRENT shareholders. Something stinks here.
This is a joke and I am disappointed with this management, I have supported Berendt to this point but am done. I had no use for Rae from the beginning, I'm surprised he woke up to make a comment.

We have had two management groups, (oxymoron) that have proven to be non trustworthy, where do we go from here? We are over a barrel with our shorts down, let's deny entrance.

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