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

<< Previous

Bullboard Posts

Next >>

Post by mousermanon Nov 02, 2022 10:31am

206 Views

Post# 35066104

Quadravest has updated holdings to OCT 31

So I would imagine after the close we will get the Unit Nav valuation after distributions to OCT 31.
The full month end update oil be a few more days normally, and will have a breakdown of US % and CAN % of the UNIT NAV along with how much is in cash at OCT 31. That will be the interesting number... FTN could have been part of the buying that pushed up the US holdings so hard in the past 2 weeks.

<< Previous

Bullboard Posts

Next >>

This battery metals stock is on a path to the global stage