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 realtime @ $22.80

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Comment by BlueGuitar1on Jan 13, 2022 11:10am

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Post# 34312764

RE:RE:FTN UNIT NAV realtime @ $22.80

mouserman wrote: FTN is a better buy than FFN here, and even BK for that matter... as it is discounted even more today.
This writer shares my view on the future, ( i am not sure when , just that its coming)

The Globe and Mail reports in its Thursday edition that an unpleasant reality is hurtling toward us, but most people do not want to acknowledge the impending collision. The Globe's Ian McGugan writes that if you think this sounds suspiciously like the Neflix movie Don't Look Up, you are absolutely correct. The first reaction to any warning of a cosmic disaster is a shrug. Then comes denial, along with appeals to look on the bright side. This classic pattern is playing out in markets now. Look at indicators of investor optimism, such as the TD Direct Investing Index or the American Association of Individual Investors Sentiment Survey, and it seems many investors are upbeat about what lies ahead. Vanguard has declared that U.S. stocks are now more overvalued than at any time since the dot-com mania of the late 1990s. It also said investors are underestimating how high interest rates will climb. Economist David Rosenberg is warning that "time has run out for this bull market" amid "a massive price bubble across all asset classes." Just when most bond yields struggle to keep up with inflation, and most stock prices are at the high end of their historical valuation ranges, investors should prepare to be underwhelmed.

One of your best posts, @mouserman.

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