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 > FTNN unit nav to NOV 15 = approx: $16.54

<< Previous

Bullboard Posts

Next >>

Post by mousermanon Nov 15, 2023 4:12pm

254 Views

Post# 35737795

FTNN unit nav to NOV 15 = approx: $16.54

So the spreadsheet now has the gains at about $1.01 since OCT 31 .. one of the biggest runs up in a 2 week period in recent history in tracking these navs.
Last sale @ $6.81 leaves the premium at about 27 cents or about...4%.

<< Previous

Bullboard Posts

Next >>

Changing Europe’s dependency on HREE from China