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 Broker49on Jan 08, 2014 5:35pm

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Post# 22071455

RE:RE:RE:FTN

FTN HOLDINGS: Bank of America Corp. Manulife Financial Corporation Canadian Imperial Bank of Commerce Citigroup Inc. J.P. Morgan Chase & Co. US Bancorp. CI Financial Corp. Wells Fargo & Co. Sun Life Financial Inc. Royal Bank of Canada Goldman Sachs Group Inc. Toronto-Dominion Bank Great-West Lifeco Inc. Bank of Nova Scotia Bank of Montreal 13 out of 15 were up today and that is where the NAV is headed up. Its the same everyday. Only a fool would bet against that. I will be adding in a couple of weeks only 1k away from my 10k goal. Broker

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