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Financial 15 Split Corp T.FTN

Alternate Symbol(s):  T.FTN.PR.A | FNNCF

Financial 15 Split Corp. is a mutual fund, which invests in a portfolio consisting of over 15 financial services companies. The Company offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to Preferred Shares are to provide holders of Preferred Shares with cumulative preferential monthly cash dividends in an amount of over 6.75% annually and to pay the holders of the Preferred Shares approximately $10 per Preferred Share on or about the termination date. Its investment objectives with respect to Class A Shares are to provide holders of Class A Shares with regular monthly cash distributions and to permit holders to participate in all growth in the net asset value of the Company over $15 per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying over $10 per Preferred Share. The Company’s investment manager is Quadravest Capital Management Inc.


TSX:FTN - Post by User

Financial 15 Split Corp
Bullboard Posts
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Comment by Crazydavidon May 08, 2019 5:39am
108 Views
Post# 29723192

RE:RE:Why FTN is droped ?

RE:RE:Why FTN is droped ?
Eizenberg wrote: The stock follow the SPY, if the SPY drop too much, FTN crash. The SPY was due for a correction, expect the drop to continue. I sold all my shares and will buy at the bottom when the SPY will hit around 260$, this is a great opportunity to make some real cash, but you can do like most do, do not sell and wait, FTN will recover but it will take some time. Do not take my advise, make your own by all means.


Could you please tell where do you see the SPY
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities