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 > 6.77

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Comment by Jeremy4on Nov 25, 2023 1:51pm

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Post# 35752882

RE:RE:RE:6.77

Now thats putting your money to work where your mouth is. That's the type of poster l find , l can relate too.I am in a different category to say the least as I am new to investing and only have limited resources to deploy , but l did take my first position with a buy of 500 shares and already up a $100 after two days. Pocket change to many , but important to me and my wife .I will continue to add even if FTN continues to go up as it's still a long way away from the $9.95 it hit not that long ago.Thanx to one poster for the recommendation..

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