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Bullboard - Stock Discussion Forum 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... see more

TSX:FTN - Post Discussion

Financial 15 Split Corp > FTN unit nav to March 11 = APPROX: $20.47
View:
Post by mouserman on Mar 11, 2022 5:07pm

FTN unit nav to March 11 = APPROX: $20.47

SO my spreadsheet is now up to date after viewing the monthend report that shows the cash position @ 2%,, and the split is now 58% in CAD stocks and 40% in US....
SO far most of the biggest losses have been in the US banks.
Commons shares of FTN now have a value of approx: $10.47 here ( almost exactly 10%). And so is trading at quite a big premium for a change , wasnt so long ago it traded at quite a large discount.
Comment by Donwaan on Mar 12, 2022 4:28pm
Is there an offering from QV to follow soon?
Comment by EdPaquette on Mar 12, 2022 8:52pm
Seems likely for this one and ffn too.
Comment by gribbs2 on Mar 15, 2022 1:10pm
is that a negative thing?
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