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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

Big Banc Split Corp > question.....
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Comment by paccomkon Sep 13, 2016 5:19pm
177 Views
Post# 25233407

RE:RE:RE:RE:question.....

RE:RE:RE:RE:question.....My daughter invested 10,000 dollars and she'll be waiting! 200 buck to her is better in her pocket. 
My 110,000 shares sold today at 2.18... They tried to have me lower to 2.17 the whole day..... Patience is much needed.... Onwards we go! Xie Xie GeoJade! 
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