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.

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Financial 15 Split Corp

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Comment by Joyrideron Apr 24, 2019 8:18am

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Post# 29663399

RE:NAV 15.90$

Sorry to ask what I think is a dumb question. :-)

You said: "NAV went up a lot, currently at 15.90$."

Where did you see that? I asked about the NAV a few days back and I think the only place it is listed is in the fund updates on this page: https://www.quadravest.com/ftn-news

There was a div announcement on the 18th but I don't see anything about the NAV in there...?

I feel like I am missing something obvious - please be kind! ha ha

Thanks!

Rob

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