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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 Gord_Albertaon Nov 03, 2022 1:24am
180 Views
Post# 35068781

RE:RE:RE:RE:Question for mouserman...

RE:RE:RE:RE:Question for mouserman...I used to own FTN & FFN yet stepped away from 90% of this investment earlier this year. Bought 1,335 shares of FTN when it seemed right in early October. And yes, I am mainly buy & hold...

Overall you are correct. 90% of my money is in eit.un - yet I like some slightly higher dividends. Willing to diversify a fraction to achieve that goal... ;-)

CanaanR wrote: let's focus on FTN. Your numbers sound great , FTN pays about 7% more annually and l know focus on Dividends not necessarily growth at all costs. I only bought FTN a few months ago and have added, now about 6500 shares, and l know what l am getting , especially with those dive reinvested.

If you thought that EIT , remember l own as well was the be all and end all , then l doubt you would be bothered with this board as most of your posts in the past confined themselves to the EIT board.
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