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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 NoShoesNoShirton Dec 06, 2023 11:42am
78 Views
Post# 35771089

RE:RE:RE:RE:RE:RE:RE:FTN unit nav to DEC 5 = approx: $16.69

RE:RE:RE:RE:RE:RE:RE:FTN unit nav to DEC 5 = approx: $16.69US big banks are up 10x as much as the cdn lifecos. In the nav battle with LBS this is going good for FTN.  Go team FTN. 
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