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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 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.


TSX:FTN - Post by User

Post by Bankman7on Sep 13, 2023 3:48pm
214 Views
Post# 35634573

Daytrading

DaytradingWhile l don't participate in that form of investing . I hold no grudge against those like Mouserman that do. As most here l appreciate his views and market analysis on the NAV and premium on FTN. But that does not in any way support that activity of in an out. And then back in.Whats it been 3 times in the last week or so. including preferred and other things. That to me is gambling and betting on a winning or losing streak meaning shorting. This board knows exactly what l think of shorters and those that have the attention span of GNATS. It would appear to me if they aren't trading daily or at most every other day they feel lost and consider themselves losers. I don't , l just think that they are like many younger than me , or have yet to learn a lesson of wins and losses and are not true investors but are just Speculators. I have a great appreciation for Mouserman but since l relegate him to a speculator l will take his NAV information seriously , his trades , not so much.
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