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

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Post by Jack256on Aug 17, 2019 5:37am

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Post# 30039113

Tracking NAV

For all of you that like to keep track of the Net Asset values of these Split Corps, there are many on-line portfolio mangers that can make it quite easy and simple. Some are even free, but you do get what you pay for. I have used one for over 20 years to track and follow progress of the portfolios I run. I pay about $30.00 per month and it will give you (in real time) the value of a portfolio by simply inputting the stocks held in the fund, preferably (for better accuracy) by percentages and not grouped together. Maybe some already use it. Nothing will give you 100% accuracy but it will be close. Oh yeah (Globe Investor through Globe & Mail) And did I mention It’s in real time with FX calculations in real time.--- NO spread sheets. --- No Excel. And for the posters that have claimed to be multi million $ share holders of some of these funds I don’t think a small monthly fee will hurt.

Good luck to all.

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