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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

Financial 15 Split Corp > FTN has dropped 20% in a week since last day before exdiv
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Comment by Eoj123on Sep 07, 2023 11:04am
153 Views
Post# 35624071

RE:RE:RE:FTN has dropped 20% in a week since last day before exdiv

RE:RE:RE:FTN has dropped 20% in a week since last day before exdivMaybe split shares march to their own beat regarding TA but my godness, with the RSI below 10, are you kidding me?? Under normal circumstances it would be a given that it's oversold, but wdik....
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