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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

Comment by Golfermanon Nov 30, 2023 5:42pm
197 Views
Post# 35762265

RE:Adjusting spreadsheets to todays close

RE:Adjusting spreadsheets to todays close

Thanks for all your efforts in keeping up with the NAV of FTN..... myself like others wait patiently for your daily informative post on the NAV .... if you like you can send me (privately) your excel sheet and I can try to track and post the NAV. 

Just bought back into FTN after seeing CIBC & RY banks earnings today..... Picked up .30 cents instead of .1257 on my re entry.

I do believe the worst is now behind us with the banks..... and we shall see $7.50 plus soon. 

PS Mouserman.... picked up some of the preferred you had recommended 

Golferman

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