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Bullboard - Stock Discussion Forum
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.
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Bullboard (TSX:FTN)
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(5286)
•••
mouserman
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Comment by
mouserman
on Nov 23, 2024 8:54am
RE:RE:FTN unit nav to Nov 22 = approx; $20.79
Only the US markets are closed thursday.. the TSX is open for trading all week.
(14)
•••
Stoiklaugh
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Comment by
Stoiklaugh
on Nov 22, 2024 5:36pm
RE:FTN unit nav to Nov 22 = approx; $20.79
Wow! That's nice wirh a short week before exDiv!!
QMET has 11 claims and 633 hectares Property in Ville-Marie, Quebec Hydrogen Camp
posted Nov 25, 2024 9:00am by
Q Precious & Battery Metals Corp.
-
|
The Company is pleased to discover that their Lorrain claims are now within the new and exciting exploration for hydrogen in the Ville-Marie, Lorrainville and Béarn region of Quebec. The region has undergone a claim staking rush following the ...read more
(5286)
•••
mouserman
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Post by
mouserman
on Nov 22, 2024 5:30pm
FTN unit nav to Nov 22 = approx; $20.79
So the gain since nov 15th now at 17 cents .. and the commons carry a value of about $10.79 BEFORE DISTRIBUTIONS ARE FACTORED IN. SO before dist. the discount is 72 cents or about 6.6
...more
(162)
•••
deisman03
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Comment by
deisman03
on Nov 22, 2024 5:05pm
RE:RE:RE:RE:RE:Posthaste
I looked at your points, but I'm not convinced Bitcoin and other Cryptos aren't running with the wind again, fueled by Pres Trump's mentioning he will be chasing bitcoin for use by teh US
...more
(5286)
•••
mouserman
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Comment by
mouserman
on Nov 22, 2024 4:31pm
RE:RE:FTN unit nav in realtime 2 APPROX: $20.78
Appears we can.. closed at $10.02.. trying to figure the nav here, will post in a bit.
(246)
•••
Golferman
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Comment by
Golferman
on Nov 22, 2024 3:38pm
RE:FTN unit nav in realtime 2 APPROX: $20.78
Thanks Mouserman....... CAN WE BREAK $10.00 TODAY
(5286)
•••
mouserman
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Post by
mouserman
on Nov 22, 2024 1:55pm
FTN unit nav in realtime 2 APPROX: $20.78
Spreadsheet now showing a gain of 16 cents since the 15th.. and with the last trade @ $9.97.. the discount now at 81 cents BEFORE dist. are factored in. Works out to a discount of 7.5%
(68)
•••
Splitfunding
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Comment by
Splitfunding
on Nov 22, 2024 12:12pm
RE:RE:FTN Retraction rights?
Perfect, exactly what I needed to know. Really wish these funds would explain details like this more clearly, but thankfully we have knowledgeable people like you on this board to help clarifying
...more
(5286)
•••
mouserman
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Comment by
mouserman
on Nov 22, 2024 11:34am
RE:My TD down , anyone else?
Back up and working ok..
(246)
•••
Golferman
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Comment by
Golferman
on Nov 22, 2024 11:12am
RE:My TD down , anyone else?
Today another good day for the NAV.... I have the real time NAV for FTN as $20.79.... or $10.79 for the commons.
(3)
•••
WillisSan
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Comment by
WillisSan
on Nov 22, 2024 10:18am
RE:My TD down , anyone else?
Same issue here. I am not impressed.
(5286)
•••
mouserman
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Post by
mouserman
on Nov 22, 2024 10:08am
My TD down , anyone else?
Tried to log in, both accounts wont allow it.. hopefully fixed soon.
(225)
•••
NoShoesNoShirt
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Comment by
NoShoesNoShirt
on Nov 22, 2024 7:49am
RE:RE:RE:RE:Posthaste
Hey Deisman03 I agree that bitcoin can move the market, but I think it's a leading indicator. It started going down in November of 2021, and the s&p500 started dropping early January
...more
(67)
•••
navgod
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Comment by
navgod
on Nov 22, 2024 7:16am
RE:FTN Retraction rights?
FTN has annual retraction right but only in the form of a concurrent retraction which means the capital and pref shares have to be retracted together as a unit. This obviously is not as attractive as
...more
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