RE:Retraction? as long as prefs stay at 15, you'll get the nav on A shares i think (post dividend). only benefit might be you think banks will crash in november and beyond, and you dont want to sell it yourself. or you think the consolidation of A shares will be depreciative, but again, you can sell it yourself. i dont pay commissions to sell stocks so i dont care.
Option 1: SPECIAL RETRACTION - CONSENT TO RESALE (CAD funds) (see Important Notes)
To receive an amount equal to the proceeds of the sale of the Class A Shares less any applicable commission. Such amount will not be less than the applicable Class A Share Retraction Price.
Option 2: SPECIAL RETRACTION -WITHHOLD CONSENT TO RESALE (CAD funds) (see Important Notes)
To receive an amount equal to the greater of: (a) the NAV per Unit on the Special Retraction Date less CAD $15.00; and (b) nil.
Option 99: Take No Action (Default)
Holder to retain security.