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 Windler01on Feb 04, 2014 4:56pm

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Post# 22171823

FTN=Volitility

So since FTN is a derivative stock it is subject to a higher than normal volatility. Just look at 2008 and the mortgage back securities derivatives. I placed an order today to buy 1000 shares of FTN @$7.95. I was unsuccessful in my bid today but tomorrow is another day and we'll see. Buy at 7.95 sell at 9.95 not a bad month eh.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?