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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 StockInvestor16on Sep 05, 2016 6:09pm
137 Views
Post# 25208433

RE:Quinto and Stockinvestor

RE:Quinto and StockinvestorMoronic comments.  Who talks, let alone writes stuff like this. Go ahead and put me on ignore.  Your strategy from your postings led SH BB people believing you were short.  You just clarified your position(HEDGE, short and some long, bought in the 2 ish range) after Quntio called you out.  I have been a long time investor in BNK and made some nice cash.  My discipline would not allow me to buy or short a stock based on name calling or as Quantum puts is quite clear "EMOTIONAL venues". 

My position is quite clear based on facts

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