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 Jul 26, 2023 10:36am

142 Views

Post# 35557593

Added more FTN this am

At this moment in time, every holding in FTN is up, and being that FTN is the highest yielding split fund common out there with 2$ of safety for paying to commons it is an eady decision to buy .
Getting closer to ex divvy date,and usually the dividend pigs load up....

<< Previous

Bullboard Posts

Next >>

Sony’s Alpha 1 II: A new professional photography standard?