Description: Canadian Banc Corp is a Canada-based mutual fund company. The Company's investment objective of the preferred shares is to provide holders with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the prevailing Canadian prime rate plus 0.75%, with a minimum annual rate of approximately 5.0% and a maximum annual rate of over 7% based on original issue price. The investment objective of the Class A shares is to provide holders with monthly cash distributions targeted to be at a rate of approximately 10% annualized based on the volume weighted average market price of the Class A shares for the last three trading days of the preceding month. It invests in a portfolio of common shares, which will include Canadian chartered banks. It may also invest up to 20% of the Net Asset Value in equity securities of Canadian or foreign financial services corporations other than the core holdings. It is managed by Quadravest Capital Management Inc.
Home Page: www.quadravest.com/canadian-banc-home
BK Technical Analysis
77 King Street West
Toronto,
ON
M5K 1K7
Canada
Phone:
416-304-4440
Officers
| Name | Title |
|---|---|
| Mr. Peter F. Cruickshank | Portfolio Mang. |
| Ms. Laura L. Johnson | Portfolio Mang. |
Exchange: TO
Country: CA : Canada
Currency: Canadian Dollar (C$)
| Forward PE: | 0 |
|---|---|
| Trailing PE: | 13.8673 |
| Price-to-Book MRQ: | 13.34 |
| Price-to-Sales TTM: | 8.8445 |
| IPO Date: | |
| Fiscal Year End: | November |
| Full Time Employees: | 0 |