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Us Financial 15 Split Corp T.FTU

Alternate Symbol(s):  T.FTU.P.B

In order to supplement the dividends received on the portfolio and to reduce risk, the Company will from time to time write covered call options in respect of some or all of the common shares in the portfolio. US Financial 15 Split Corp. invests primarily in a portfolio of commons shares which will include each of the following U.S. financial services companies listed below: American Express Company Bank of America Corp.Bank of New York Mellon Corp.Citigroup Inc.CME Group Inc.Fifth Third BancorpGoldman Sachs Group Inc. J.P. Morgan Chase & Co.Morgan StanleyPNC Financial Services Group Inc.Regions Financial Corp.State Street Corp.Truist Financial Corporation US Bancorp. Wells Fargo & Co.


TSX:FTU - Post by User

Us Financial 15 Split Corp
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  • ClydeTowerX
Post by ClydeToweron Apr 19, 2022 10:45am
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Post# 34613069

FTU.PR.B Redeemable value upon termination

FTU.PR.B Redeemable value upon termination
Although Quadravest's website says they will pay holders the 10$ notional issue price in the event the the fund is terminated on DEC-1-2024, I would imagine they could not pay more than its NAV which is currently 7.47$. Any thoughts on this?
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