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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 navgodon Aug 24, 2023 11:05am
87 Views
Post# 35603729

RE:Looking to buy more FTN

RE:Looking to buy more FTN
rixpix wrote: But not yet. I think September will be the month to buy more.
I feel the nervousness in the market will continue and peak sometime towards the end of Sept. 

On another note,
Some people do a lot more DD than others.

While some don't bother researching anything.
They just buy based on what some strangers might say about a stock. 

Others try and sound smart but don't really know much. 
The ones I find that don't know much are the ones that resort to insults when they're doubted.

I always do my DD but also like reading what others have to say and learning as much I can.
You can never be too old to learn.

GLTA.  

Funny but I am looking to short more FTN not necessarily outright but as a spread against other splits that don't have burden of this level of premium--35%+   agree with the rest of your post GLTA
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