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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.


TSX:BNC - Post by User

Purpose Canadian Financial Income Series A > K2 Principal Fund
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Comment by mercedesmanon Aug 29, 2016 3:59pm
249 Views
Post# 25188395

RE:RE:RE:RE:K2 Principal Fund

RE:RE:RE:RE:K2 Principal Fund
They likely have a double or more on some of their purchases already. Nothing wrong with looking for 30 - 50 % more from here. Annualized that is a phenomenal return. Like it or not TST shareholders will not get full value for the hard assets, soft assets and crumbs...but I'm banking on something a little closer to "fairness". Let's face it Management threw the dice and lost. I'm good with anything around 20 cents (a 5 bagger on my 4 cent shares, and a 3 bagger on my 6.5 cent shares) Let the games begin. MM
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