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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
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Post by ffjaydeeon Jul 09, 2013 12:37pm
175 Views
Post# 21596574

Financials looking good!

Financials looking good!If the markets stay on course without any surprises, next Monday, July 15 should be another great closing day for FTN and its financial holdings. So far we are above the June 15 closing stock prices of the holdings. Let's keep our fingers crossed again.

I will be looking for the July 15 NAV estimate again from our professional board estimators and I am thanking you in advance. Keep up the good work.
Bullboard Posts
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