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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, 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

Comment by GreenCarpStormon Oct 31, 2022 5:26am
98 Views
Post# 35059393

RE:RE:Question for mouserman...

RE:RE:Question for mouserman...
CanaanR wrote: That was yesterday , this is today. I am curious in your portfolio based on 3 years ago which stocks are actually up , Since the Dow , Russel ,Nasdaq , TSX  and Sand P are down anywhere between 20 and 50%  exactly which stocks or indices or ETFs do you own that are out performing FTN  not withstanding a dividend reinvested at between 2 and 3 times the average. I see CDN banks down and they pay only 4% average .Just curious .Each to their own but l know you have a big position in EIT, almost $3.00,  along with TM at .75 cents and CHE.UN at $16.00.  I also loved DBM at $10.00 so do l  but that too is following the market .
  Maybe stick to GIC's

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