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.

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Financial 15 Split Corp > Vote

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Comment by meritmaton Jan 16, 2024 10:49am

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Post# 35828978

RE:Vote

bubba9 wrote: Every day brings a new set of numbers that say the same thing....slowdown and possible recession.....BUT what I wonder about is interest rates... What do you think....Will Canada and th US lower rates to stimulate the economy but they won't because inflation is still high. Personally I think they sit on their hands because rates are the only arrow in the quiver.....

Inflation increased in Dec in Canada

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