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Allbanc Split Corp. II
Symbol: ALB-T
Active: Y
Sector: investment companies/funds
Notes:A basket of 6 Canadian banks.
Last Price: 10.330
Last Price Date: 2012-05-17 20:39:04
Globe 200 day average
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BUY	9.500	Richard Croft	Kind of a complex product. Basket of 5 Canadian banks. They split the shares in 2 and provide a dividend. Basically a preferred share with about a 6% dividend yield. The capital share gives you a leveraged play on the banks plus any increase in the dividends that the banks will pay over time. Not sure that Canadian banks will do much in the way of increasing dividends over the next year but if you like the banks (he does) he would go from the capital shares to give you the capital gain.	2008-04-21

TOP PICK	13.230	Richard Croft	A basket of the six big Canadian banks. It has a 2 to 1 leverage on the banks for 3 or 4 years.. (A long term Warrant or Call Option.)	2007-03-15