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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

Comment by EdPaquetteon Aug 07, 2023 9:29pm
83 Views
Post# 35576807

RE:RE:Ftn Unit NAV to Aug 4 = approx $17.30

RE:RE:Ftn Unit NAV to Aug 4 = approx $17.30
CountryBoy69 wrote: As l believe all owners of FTN greatly appreciate the contribution made by the Mouse to keep us informed multiple times per week on the Daily Nav.His reputation garnered basically on Split Funds is well deserved as we all know DFN for example that div suspensions can happen .What l find interesting is that on Mouse's last post and some others he has referred to the lack of contribution of the US banks to the current NAV , maybe you 3 detractors of mine , that's why the current shareprice is down. Now l wonder if the Mouse had suggested that Quadravest cut their US exposure at this time and be somewhat more hands on it you 3 clowns who object to a suggestion , would have gone after Mouserman. I doubt it as you 3 would become the Pariahs of this board and besides non of you would have or possess what it takes to argue or debate him.You 3 know who you are so dwell on that for a while .
Eventually US banks will be the "IN" thing and FTN will ride that upwards. If you want less US bank exposure, get BK.

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