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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

Comment by Golfermanon Apr 02, 2024 10:23pm
99 Views
Post# 35966676

RE:RE:Waiting on Quadravest update

RE:RE:Waiting on Quadravest update

The NAV on March 28 OF $18.59 pre-distributions, gives us $18.39 after distributions. I believe Mouserman had 18.41 on the 28th. It looks as if he is only .03 off. 


let's see what Mouserman provides tomorrow morning as an update. 

Golferman

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