TSX: ABK.A       Allbanc Split Corp Class A Capital Shs
Last Price Today's Change   Day's Range   Trading Volume
76.01   0.00 (0.00%)  0.00 - 0.00  0


Avg Volume (4 weeks):0
52 Weeks Range:56.49 - 75.00
52 Weeks Price Volatility (%):
Average Price Target:-


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Business Background

Allbanc Split Corp. is a Canada-based mutual fund company. The Company holds a portfolio of common shares (the portfolio shares) of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Toronto-Dominion Bank (collectively, the Banks) in order to generate income for the holders of the Company's preferred shares and to enable the holders of the Company's capital shares (the 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. The policy of the Company is to invest in portfolio shares and not engage in trading except in limited circumstances, including to fund retractions or redemptions of capital shares and preferred shares. The Company may engage in securities lending transactions in order to generate additional returns. Scotia Managed Companies Administration Inc. provides all administrative services for the Company.

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