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Bullboard - Stock Discussion Forum 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... see more

TSX:FTN - Post Discussion

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Post by NobleHouse on Mar 06, 2024 9:11pm

Unit NAV

Since l trust Mousermans NAV updates this discount is absolutely bewildering , with the exceptional dividend FTN should command at least a 10% premium which would equate  to $8.63 valuation. Stratcap said that noninvestors are stupid , maybe not them but whoever is selling at this discount , large or small as they may beare in my view , delusional or borderline moronic.I realize that is a harsh call but it's the reality.Meanwhile we holders just collect extra shares , if we are astute enough to reinvest ,and when some sense of what's what returns to this ETF , we will all profit.
Comment by StratCap on Mar 06, 2024 11:36pm
I did not call anybody stupid. Please review my posts. Thank you.
Comment by NobleHouse on Mar 07, 2024 1:36pm
Stratcap , l completely apologise to you for that statement , for some reason l confused you with Splitfunding ,who did make that statement calling noninvestors Idiots. Again my sincerest apologies and regrets for that oversight and confusion.
Comment by Splitfunding on Mar 07, 2024 2:17pm
Since you called me out I'm left with no choice but to respond. Yes it was wrong to call non-investors idiots... Especially when the REAL idiots are the holders who are selling their shares at a discount when the fund is paying! Why in the world would you do that!? Must not like making easy money. Guess what me and the nearly 150,000 shares I own across all split funds AREN'T doing? To ...more  
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