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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 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

Bullboard Posts
Comment by amugsgameon Mar 06, 2020 12:12pm
92 Views
Post# 30775886

RE:RE:RE:Longs crying , make it stop....

RE:RE:RE:Longs crying , make it stop....You're right on the NAV issue - it pops up on this forum where someone seems to be completely oblivious to it. At the same time I'm not complaining since those keeping the SP high allow me to add to a short position each day as we wait for the mid month update that will be a huge surprize to many retail buyers  
Bullboard Posts