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.

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Financial 15 Split Corp > Why investors should think about the ‘unthinkable.’

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Post by Donwaanon Jan 16, 2024 2:26pm

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Why investors should think about the ‘unthinkable.’

Bank of America is considering a scenario in which central banks may not cut interest rates this year. https://www.marketwatch.com/story/bank-of-america-considers-unthinkable-scenario-of-no-irate-cuts-this-year-f1daacaa?mod=home-page

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