Royal Bank of Canada
RY
Canadian Imperial Bank of Commerce
CM
The Toronto-Dominion Bank
TD
Bank of Nova Scotia
BNS
Bank of Montreal
BMO
Life & Banc Split Corp is a mutual fund company. Its investment objectives are to provide holders of preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for capital appreciation. It invests in a portfolio comprising of common shares of Canadian banks and publicly traded Canadian life insurance companies.