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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% 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

Post by NobleHouseon Mar 16, 2024 11:41am
207 Views
Post# 35936534

Expierenced

ExpierencedGood reply and points made , l have often had doubts about the number of posters who claim multimillionaire status as well.There are some like yourself that l have no doubt are in that category of wealthier investors , and a few like yourself are retired Bay Street denizens and l figure that's why they follow Stockhouse and post their views.I would also think that many people far richer than me use some wealth mgmt firm to oversee their portfolio and have better things to do than participate on SH as they leave it to the Pros.I have a brother and a brother in law who fall into that category and neither watch BNN or even know who or what Stockhouse is.In regards to posting over or underweight only , nobody knows who you are or where you live unless Expierenced is actually your real name and not a handle.Besides l at least are not jealous of someone else's success but aspire to emulate them ,as in the scheme of things as when it came to investing and managing my own portfolio , l was definately late to the party and it's become my passion to change that fact.Fortunately , though retired ,own our house and don't require the dividends we receive to support the way we choose to live.Cheers EX.l always look forward to your posts.
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