Canadian Banc Capital Securities Trust


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he Fund¿s investment objectives are to (i) provide Unitholders with attractive tax-advantaged quarterly cash distributions, and (ii) return to Unitholders the original issue price of the Units upon termination of the Fund on June 30, 2014. Distributions are initially targeted to be $1.50 per annum per Unit consisting primarily of returns of capital, representing a yield on the Unit issue price of 6.0% per annum. The Fund will seek to achieve its investment objectives through exposure to an actively managed portfolio consisting primarily of capital trust securities of the six largest Canadian banks, including such issues as TD Capital Trust IV Notes (TD CaTS IV), Scotiabank Capital Trust Securities (Scotia BaTS II) and BMO Capital Trust II Notes (BoATS VI). The Fund may also invest in other securities issued by Canadian financial institutions, including subordinated debt, preferred shares and common shares.

Issuer Information

NAICS: All Other Funds
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Last Price N/A Change $ N/A Change % N/A Tick N/A
Bid N/A Bid Size 0.00 Ask N/A Ask Size 0.00
Open N/A High N/A Low N/A Prev Close N/A
Last Trade Volume 0 52 Wk Hi 24.69 52 Wk Low 20.09
Market Cap N/A Ex-Div Date Div Rate 1.25 Yield 6.2220
Shares 1,654,790.00 EPS (TTM) -0.36 PE Ratio N/A Exchange TSX