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 > FTN UNIT NAV to Nov 12=$22.45

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Comment by BlueGuitar1on Nov 15, 2021 11:10am

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RE:RE:RE:FTN UNIT NAV to Nov 12=$22.45

Interesting topic: What could cause a big correction? High inflation and rising interest rates is good for banks. So we are good. War between Taiwan and China? That is not going to happen especially with the Winter Olympics in Beijing coming up. Could happen but years away still. Evergrande bankruptcy in China spreading to USA? The CCP will nationalize it and take it over. IMO, we have a few more years of stock market inflation especially since QE still happening and the money has to find its way into the markets. Tapering of bond purchasing is slow and steady but still happening. The melt up continues.

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