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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
Bullboard Posts
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(11)
•••
Comment by Jodiangel17on Jul 31, 2020 10:19pm
571 Views
Post# 31352895

RE:RE:RE:Lowest Closing Price since 2011!

RE:RE:RE:Lowest Closing Price since 2011!

Just add more and more and more as it drops down. 
At prices like these it's a gift. The return on capital would be well worth the wait even if it takes a year to recover. Not too mention the potential  50%+ div you'd collect later when it starts paying again.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities