Financial 15 Split Corp T.FTN

Alternate Symbol(s): T.FTN.PR.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.

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Financial 15 Split Corp

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Post by mousermanon Feb 09, 2024 9:00am

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Post# 35871958

CAD jumps on employment report

Canada’s labour market added a net 37,300 jobs in January and the unemployment rate fell to 5.7 per cent, according to Statistics Canada.

The increase in jobs was due to an rise in part-time work. The number of full-time jobs fell by 11,600 in January, while part-time employment increased by 48,900.

The federal data agency said in a news release on Friday that the 0.1 percentage point drop in unemployment marks the first decline since December 2022.

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