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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Comment by OntarioDaveon Dec 28, 2013 2:37pm

197 Views

Post# 22042414

RE:To whoever called into BNN

you made a wise decision...i recently bought more also at around $8.50 before it exploded up again...i been buying since around $4 and added on every dip...now officially have this one in 4 seperate accounts...best performer of the year on the tsx for me...i dont fall in love with a stock but FTN is the next best thing...buy on every dip and dont worry about how much of a run it has had...its gonna keep climbing as investors search for income...i had the same experience with ELF preffered's...they were dirt cheap and walked all the way back upto $20 and beyond...
OD

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