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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.


TSX:FTN - Post by User

Comment by Doodlebugon Nov 25, 2022 11:13am
135 Views
Post# 35128193

RE:RE:Deisman

RE:RE:DeismanMr D, no gloating intended as it is clear your all in,all out strategy works for you , but l seriously doubt for 99% of investors out there. I have watched a few videos and read about your way of investing, my take was not that you are wrong in any way , just that it takes , l would think a certain amount of nerves of steel to bet the farm on a single roll of the dice. Despite inflation concerns etc l am still looking forward to hopefully a Santa Claus rally and the historic effect of a Dem President and Senate and GOP House. The graphs suggest a 22% upside this coming year, and that coupled with Dividends would be substantial. No way do l want to bet everything on timing the market. Of course you can hold if it's not right and sell if a profit is there , but l question the long term of 1 holding and an in and out strategy..Enjoy the Holidays.
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