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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 > What a Disaster !!!
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Comment by 1wascallywabbiton Sep 06, 2016 9:00pm
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Post# 25212242

RE:RE:What a Disaster !!!

RE:RE:What a Disaster !!!As has been said here b4.... The company has admitted with this deal that MCNA is worth Zero! Therefore, removing anything worth $0.00 from any deal, should not affect the deal. Neither party should object. 10-0=10! So, I propose we force them to remove MCNA and leave it in the group hands of shareholders, and we will sell it at some point. I think u will soon find out that PLI will not take this deal without that "worthless" asset attached. This drug works and is worth Billions$$ - don't let anyone tell u otherwise. Kill the Deal, Kill the Deal, Kill the Deal, Kill the Deal !!!!!!!!
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