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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 DennisDWBon Mar 05, 2019 10:33am
76 Views
Post# 29443200

RE:RE:RE:read this carefully. This is real.

RE:RE:RE:read this carefully. This is real."but today, when I looked at other 15 stocks in FTN portfolio, I decided to buy more shares at 8.30$."

Dimon Stays on top of things :)  hell a few days before Mar/15 he has all kinds of options, sell and take a profit, keep and get the divy, or if things start to deteriorate, get rid of whatever shares he is comforable with.

Stay on top of things and good luck with your investing.
 




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