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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, 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 > CAD continues gains on USD
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Comment by ehud42on Dec 22, 2023 10:17am
134 Views
Post# 35797594

RE:CAD continues gains on USD

RE:CAD continues gains on USD
mouserman wrote: This is really a shocking jump in the CAD, up over 1% now since DEC 15th...
hurts the valuations of the US holdings, top 3 are US banks.


Win some / lose some I guess. This is not helping me rebalance my US exposure - I'm trying to profit take on some US stocks that have done well recently to restock the cash / war chest, but the xchg is not helping.
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