Posts de Blogs > Un ETF comprado y uno vendido, se gana siempre (3)

Don Francisco, en la página 12 del folleto que me descargué de su blog, dice:


Tier 1

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Tier 1 '

14 Anonimo
Anonimo
04 de Diciembre de 2008 (14:00)

Don Francisco, en la página 12 del folleto que me descargué de su blog, dice:


Tier 1 Qualification Election

The Bank may, at any time and on one or more occasions before 15 May 2013, give notice under the LLC Agreement to the Company that the Bank is making an election to treat all or a percentage of each Class B Preferred Security as consolidated Tier 1 regulatory capital and as a consequence to change (beginning with the first day of the Payment Period in which such election occurs) the determination of Capital Payments and related matters with respect such percentage of each Class B Preferred Security to the terms described in “Description of the Company Securities — Class B Preferred Securities” applicable pursuant to such election (each such election, a “Tier 1 Qualification Election”).


A lo mejor se me está escapando algo y no lo veo. Le pediría que por favor relellera el folleto y aclarara este asunto.

Muchas gracias.

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Tier 1 '