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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% 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

Financial 15 Split Corp > Something has spooked the markets
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Comment by tinkvidon Mar 14, 2024 10:38am
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Post# 35932598

RE:Something has spooked the markets

RE:Something has spooked the markets
mouserman wrote: Not sure what it is, havent read all the financial news today. Still trying to get the sleep out of my eyes..LOL
Every split fund  common i follow has dropped ... the only thing up for me is my TRP floating preferreds, which is my biggest  holding.
<<<<Price of oil>>>> is really gonna put the fed in a pickle.....March 19/20 will be interesting.



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