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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 > Bank stocks shine
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Post by Donwaanon Jan 08, 2024 7:54am
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Post# 35815207

Bank stocks shine

Bank stocks shineThe banking industry is getting close to turning a corner, analysts believe, and the stock market has acted in advance by sending bank stocks soaring.Interest rate pressure on the banking industry is expected to ease during 2024, but fourth-quarter numbers wont be pretty.https://www.marketwatch.com/story/these-two-bank-stocks-shine-as-the-industry-gets-closer-to-turning-a-corner-e6ec8538?mod=home-page
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