Description

Quadravest Inc. established Canadian Banc Corp. as a closed-end equity mutual fund. Quadravest Capital Management Inc. oversees the fund's management, which strategically allocates capital within Canadian public equity markets. Its investments specifically target the shares of companies operating in the banking sector. To gauge its portfolio's effectiveness, the fund utilizes the S&P TSX Financial Index as its performance benchmark. Originally operating under the name Canadian Banc Recovery Corp., this Canadian-domiciled entity was constituted on May 25, 2005.