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 2:04pm

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Post# 35632002

RE:Why is this getting battered again today?

Inglewood wrote: Any clue? The other splits seem to be doing fine.

FTN trading down is a bit of a mystery when looking at the holdings, particularly the US banks.. which have are haviing quite a huge day today. Speculation now is that the FED will not raise rates again until November at the earliest, and maybe not even then.
FTN has had a lot of volume today , with nearly half of it on the ATS . TSX is only accounting for 132 K of the 249.5 K traded.

T:FTN - FINANCIAL 15 SPLIT CORP. CL 'A' - https://www.financial15.com

14:02:47 EDT

Live Quote

Sym-X	Bid - Ask					Last	Chg	%Ch	Vol	$Vol	#Tr	Open-Hi-Lo	Year Hi-Lo	Last Tr	News	Delay
FTN - T	0.1	7.58	·	7.60	0.4	7.59	-0.01	-0.1	249.5	1,826	1,003	7.60 7.61 7.39	9.95 6.59	13:37:44	Aug 18	15 min RT 2¢
TSX - T	0.1	7.58	·	7.60	0.4	7.59	-0.01	-0.1	132.3	973	416	7.60 7.61 7.39	9.95 6.59	13:37:44		15 min
NEO ATS - U						7.59	-0.01	-0.1	21.7	158	102	7.54 7.61 7.39		13:37:44		15 min
Alpha - A						7.59	-0.01	-0.1	44.1	330	45	7.57 7.61 7.39		13:20:23		15 min
Omega - O						7.59	-0.01	-0.1	10.0	71	75	7.54 7.61 7.40		13:37:44		15 min
Pure - P						7.515	-0.085	-1.1	1.2	8	34	7.515 7.515 7.515		10:31:33		15 min
Chi-X - X						7.59	-0.01	-0.1	19.4	141	69	7.56 7.61 7.39		13:37:44		15 min
CX2 - H						7.59	-0.01	-0.1	14.2	103	67	7.54 7.61 7.40		13:37:44		15 min
CXD - D						7.58	-0.02	-0.3	2.1	12	93	7.39 7.60 7.39		13:28:14		15 min
TriAct - M						7.60			4.5	30	102			Sep 11-20		15 min