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.

TSX:FTN - Post by User

Financial 15 Split Corp

Bullboard Posts

Comment by spazzmanon Aug 20, 2010 10:54pm

249 Views

Post# 17371006

RE: RE: Nav

Hope this has a positive effect on the stock price going into next week. I can handle the volatility even if a dividend is missed. The Canadian financial system will survive and where else can you get a return of >18% just to wait. I am in for the long term and when the opportunity presents itself I will accumulate more.
BUY LOW SELL IN RETIREMENT

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?