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Financial 15 Split Corp T.FTN

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

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

Post by lafolo47on Dec 09, 2020 10:10am
160 Views
Post# 32066602

Good Balance Of Freedom

Good Balance Of Freedom

These other companies offer unique services and solutions that are in an incredible demand. This could posssibly amazing. What do you think?

In order to succeed, the industry could need to self-police, work with legislators to encourage the development of sensible laws that offer a good balance of freedom and consumer protection, and provide good educational resources to help newcomers navigate the financial landscape safely and effectively.
 
Also, An alternative term that is more encompassing of the ongoing focus on financial products is open finance, where an ecosystem of integrated digital assets, blockchains, and open protocols are ingratiating themselves with conventional financial structures.Check Disclaimer on my Profile.
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