Life & Banc Split Corp. plans a 12-for-100 stock split for its Class A shares, effective June 25, 2026, pending Toronto Stock Exchange approval. This move follows the Fund's strong performance, with Class A shares delivering a 23.6% annual return over 10 years, outperforming major Canadian indices. Post-split, shareholders will receive regular monthly distributions targeted at $0.10 per share, increasing total payouts by about 12%. The Fund invests equally in major Canadian banks and life insurance companies, offering a distribution reinvestment plan to enhance compound growth.
The Canadian ETF industry has matured beyond simple index funds, with net inflows exceeding $100 billion this year, fueled by equity strategies and alternative assets like gold. Investors are diversifying into utilities and infrastructure to capitali...
BMO Financial Group has been honored with three major awards by Global Finance, including Best Bank in North America, Best Bank in the Western U.S., and Best Bank for Transaction Banking in North America. These awards recognize BMO's strong financial...
Canadian Do-It-Yourself (DIY) ETF investors joined BMO ETFs executives and Toronto Stock Exchange leaders to open the trading day in Montreal. The event celebrated DIY investors and included educational panels aimed at empowering Canadian ETF investo...
Financial 15 Split Corp. completed an overnight offering of preferred shares, raising approximately $107.8 million. The funds will be invested in a portfolio of high-quality North American financial services companies, including major banks and insur...
Financial 15 Split Corp. announced an overnight offering of its Preferred Shares at $10.78 each, led by National Bank Financial Inc. The offering, closing around June 24, 2026, aims to raise funds to invest in a portfolio of North American financial ...
