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.

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Big Banc Split Corp > Personally

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Comment by Dannygoon Sep 09, 2016 11:58am

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Post# 25222185

RE:Personally

In the meantime, I'm aiming at HBM. This co. was oversold for 2 months. Time to dig in. I'll try to buy in 4 parts as usual. Another oversold co. is IGG (Gaming software co. spinned out from Ayala). Insider kept buying everyday. However this is really for long term (3 months).

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Near-term and long-term outlook for gold