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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.
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TSX:FTN - Post by User
Financial 15 Split Corp
> Revised FTN UNIT NAV to Dec 6 = $16.73
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Golferman
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Comment by
Golferman
on Dec 07, 2023 9:11am
102 Views
Post# 35772696
RE:Revised FTN UNIT NAV to Dec 6 = $16.73
RE:Revised FTN UNIT NAV to Dec 6 = $16.73
Thanks Mouserman..... NAV @ 6,73 for the commons gives us a premium of 3.5%.
WOW .... this should be trading around 7.50.... I believe in 2 weeks we will be there
Golferman
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