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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.


TSX:FTN - Post by User

Financial 15 Split Corp
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(11)
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Comment by Jodiangel17on Jan 17, 2019 11:25am
111 Views
Post# 29245653

RE:Freefall

RE:Freefall
jeffpei wrote: The largest stock decliner in the FTN portfolio down is GS -(.95%) . Overall the portfolio is breaking even today....FTN should be stable.


For sure profit taking after a huge run like that. Drop it like a rock, and pick up at a 10% discount for more shares for the divy
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities