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 > Market Drop

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Comment by mousermanon Sep 21, 2023 9:55am

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Post# 35647165

RE:Market Drop

Yes wasnt hard to imagine with FED talk of higher rates again later in the fall. Bad for banks, but amazingly did not affect the price of oil , which popped up again this morning. FED tongue wagging CANNOT control the biggest factor a pushing inflation, which is energy prices. WORLD Diesel price are up in the stratoshpere again, much higher than reg gas... despite being less expensive to make... SOMETHING wrong with that picture.

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