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So you want to invest in a major Canadian bank but can't decide which one? How about splitting your investment? 5Banc Split invests in the publicly listed common shares of Canada's Big Five banks: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and The Toronto-Dominion Bank. The passive closed-end fund offers shareholders both preferred shares, which pay out fixed-rate dividends, and capital shares, which pay dividends linked to share price. 5Banc Split is administered by TD Securities, the investment banking and institutional brokerage arm of Toronto-Dominion Bank. It was established in 2001.
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| | | Contact Information | |
Address: |
222 Bay St., 7th Fl.
Toronto, Ontario M5K 1A2, Canada
| | Phone: | 416-982-2865 | | Fax: | 416-982-4410 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2008): | 7.00 M | | Revenue Growth (1 yr): | (-25.40%) |
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Key People
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Chairman:
John B. Newman
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President, CEO, and Director:
Cameron Goodnough
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CFO and Secretary:
Malcom Lang
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