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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

Bullboard Posts
Comment by JReynoldson Mar 18, 2014 10:46am
284 Views
Post# 22335511

RE:FTN - Special Meeting - re Extension of termination date

RE:FTN - Special Meeting - re Extension of termination dateThe extension meeting finally came. And the icing on the cake is the extension meeting for FFN will also be held on the same day, but half an hour earlier. I think both meetings will come out positive, with the majority of the unithiolders agreeing to extend.

After all, the economy is better now, now is the time to get back the divvy's that we have lost earlier.

Bullboard Posts