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Financial 15 Split Corp
T.FTN
Alternate Symbol(s):
T.FTN.PR.A
|
FNNCF
Financial Services
Asset Management
Financial 15 Split Corp. is a mutual fund company. The Company’s investment objectives with respect to the preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in an amount fixed by the board of directors on an annual basis. Its investment objectives with respect to the Class A shares are to provide holders of Class A shares with regular monthly cash distributions, in an amount to be determined by the board of directors; and to permit such holders to participate in all growth in the net asset value of the Company above $10.00 per unit, by paying such holders, on or about the termination date, such amounts as remain in the Company on the termination date after paying the preferred share repayment amount to the holders of the preferred shares. It invests in a portfolio consisting of 15 financial services companies made up of Canadian and United States issuers. Its investment manager is Quadravest Capital Management Inc.
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TSX:FTN - Post by User
Financial 15 Split Corp
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•••
uchuck
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Post by
uchuck
on Aug 14, 2014 12:38am
150 Views
Post# 22840036
Reply to ROICrusader
Reply to ROICrusader
Thanks for your
non-smarmy
reply, still need to "get my head around it," but I know there is a deadline attached tthereto.
Comment on this Post
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