5Banc Split Company Description
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 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 sponsored by TD Securities, the investment banking and institutional brokerage arm of Toronto-Dominion Bank. It was established in 2001.
View the Comprehensive Company Description for 5Banc Split
The Company Description provides a historical perspective of 5Banc Split's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of 5Banc Split's evolution in the marketplace.
