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Big Banc Split Corp T.BNK.P.A


Primary Symbol: T.BNK

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 > PAY UP U QUESTRADE MOFUS
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Comment by Bookendson Oct 04, 2016 4:44pm
358 Views
Post# 25308755

RE:RE:RE:PAY UP U QUESTRADE MOFUS

RE:RE:RE:PAY UP U QUESTRADE MOFUS

It all depends... If you buy 500 shares of BNK,,, then yeah TD would charge more...

If you buy say 20 000 shares of BNK, TD is much cheaper...

I'm very happy with my 10$ trades at Scotia... Same trades could cost me 50$+ at questrade...

I'm now considering switching to HSBC for trades at 6.88$ rather than the 10$ I am paying...

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