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Allbanc Split Corp. II  

(Public, TSE:ALB)   Watch this stock  
Find more results for ALB
26.98
0.00 (0.00%)
Delayed:   3:50PM EDT
TSE data delayed by 15 mins - Disclaimer
Currency in CAD
Range     -
52 week 19.71 - 29.00
Open     -
Vol / Avg. 0.00/298.00
Mkt cap 31.62M
P/E     -
Div/yield     -/1.85
EPS     -
Shares 10.75M
Beta 1.21
Inst. own     -

Address

40 King Street West Scotia Plaza, 26th Floor
TORONTO, ON M5W 2X6
Canada
+1-416-8635930 (Phone)
+1-416-8637425 (Fax)

Website links

Description

Allbanc Split Corp. II is a Canada-based mutual fund company. The Company's principal activity is to invest in common shares (Portfolio Shares) of 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 Company holds a portfolio of common shares of Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, The Bank of Nova Scotia, Royal Bank of Canada and The Toronto-Dominion Bank (the Portfolio Shares) in order to generate income for the holders of its preferred shares (the Preferred Shares) and to enable the holders of its Capital Shares to participate in any capital appreciation in the Portfolio Shares and to benefit from any increase in the dividends payable on the Portfolio Shares. It invests in Portfolio Shares and does not engage in trading except in limited circumstances, including fund retractions or redemptions of Capital Shares and Preferred Shares.

Officers and directors

D. Anthony Ross Independent Chairman of the Board
Brian D. McChesney President, Chief Executive Officer, Director
Stephen D Pearce Chief Financial Officer, Secretary, Director
Michael K. Warman Director
Kenneth G. Copland Independent Director
Age: 73
David McDaniel Mann QC Independent Director
Age: 77