Financial 15 Split Corp T.FTN

Alternate Symbol(s): T.FTN.P.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 > IMF says look out below

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Post by mousermanon Apr 11, 2023 2:15pm

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Post# 35388978

IMF says look out below

https://www.kitco.com/news/2023-04-11/IMF-Global-economy-to-see-weakest-growth-since-1990-as-chances-of-hard-landing-surge.html
I am on the sidelines now for a while, will see how this all develops in the next short while.
Can always buy into bargains before ex -divvy date...

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Fortune Minerals receives funding for NICO project development