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

Bullboard Posts

Post by Eizenbergon Dec 28, 2018 12:42pm

220 Views

Post# 29165006

Recovery time

This is no penny stocks and to call people "suckers" shows a big lack of respect. But if it suits you, call me a sucker if you want. As always, FTN will recover and i don't know what it would take to the contrary. The DIV of 0.1257 per month is very attractive and the yield also. I am in. As always, know your risk and reward. Happy holydays to all. Best wishes.

Bullboard Posts

Sony’s Alpha 1 II: A new professional photography standard?