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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 rgonlyfactsplson Sep 08, 2016 5:08pm
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Post# 25219595

RE:What a Disaster !!!

RE:What a Disaster !!!Givmeabrake. Thank you for sharing. Interesting excerpt from Beacon Securities (below). Maybe Telesta should have considered Beacon's M&A advisory service. At least Beacon Securities appears to be trying hard to uncover value in Telesta albeit for Prometic's shareholder's viewing. EXCERPT ..... "All told therefore, PLI paid $42 million in stock for up to $82 million of value, in essence paying $0.50 for $1.00.".... Maybe Telesta's management (and shareholders) would have been better off if Telesta did not take a DIY route and also negotiate at Club Super Contact at the invitation of Prometic's Management............https://www.montrealnitelifetours.com/providers/display/242/.... Read more at https://www.stockhouse.com/companies/bullboard#lyKM4oXDE5ChDbr3.99
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