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 > New nav 19.59

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Comment by yellon Feb 17, 2021 7:26pm

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Post# 32591736

RE:RE:New nav 19.59

Yep they tought the market would not be bullish on the banks. They sat on it. Maybe they have not receive the alimoney yet. You know wait and see thing. Anyway would not be surprise to see a gap tomorrow. I am a buyer at the closing price of today. The Caisse de Dpot du Qubec have bought in the last quarter of 2020 235 millions of SHOPIFY stock. First time they bought.TALK ABOUT BEING LATE TO THE PARTY HAHAHA...

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