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.

TSX:FTN - Post by User

Financial 15 Split Corp > Lost

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Comment by NoShoesNoShirton Dec 01, 2023 3:21pm

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Post# 35764203

RE:Lost

bubba9 wrote: I am looking at holdings-----lightly and not in depth-----and wondering out loud why this fund is not doing better. Are people afraid of the premium to NAV and waiting . I have enough to make a difference . I am up quite nicely and considering lightening the load.

the premium here has shrank to almost nothing. It will come back towards the end of the month.

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