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 > Next week could be a downer.

<< Previous

Bullboard Posts

Next >>

Comment by Donwaanon Nov 11, 2023 2:08am

151 Views

Post# 35729893

RE:RE:Next week could be a downer.

Ken Griffin, head of the Miami-based hedge-fund manager Citadel, said the U.S. is spending on the government level like a drunken sailor, and that higher interest rates are something the government hadnt counted on when we went on the spending spree. The country had more than $33 trillion in national debt as of September and a fiscal deficit of almost $1.7 trillion for the fiscal year to date since October 2022. The U.S.s current fiscal situation is unsustainable and Americans realize something is not quite right, Griffin said, according to Bloomberg.

<< Previous

Bullboard Posts

Next >>

One of the strongest contenders to lead Canada’s cannabis market