Financial 15 Split Corp T.FTN

Alternate Symbol(s): T.FTN.PR.A | FNNCF

Financial Services Asset Management

Financial 15 Split Corp. is a mutual fund company. The Company’s investment objectives with respect to the preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in an amount fixed by the board of directors on an annual basis. Its investment objectives with respect to the Class A shares are to provide holders of Class A shares with regular monthly cash distributions, in an amount to be determined by the board of directors; and to permit such holders to participate in all growth in the net asset value of the Company above $10.00 per unit, by paying such holders, on or about the termination date, such amounts as remain in the Company on the termination date after paying the preferred share repayment amount to the holders of the preferred shares. It invests in a portfolio consisting of 15 financial services companies made up of Canadian and United States issuers. Its investment manager is Quadravest Capital Management Inc.

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Financial 15 Split Corp > Why is this getting battered again today?

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Comment by mousermanon Sep 12, 2023 1:33pm

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Post# 35631937

RE:RE:Why is this getting battered again today?

CAD is up almost back to where it was on the 15th of AUG... but seems the market is waiting on inflation numbers from the US. FTN had a big jump back up, so i believe some profittaking is all we are seeing.

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Corus reports Q1 profit drop in the face of falling revenue