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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

Post by deisman03on Jan 17, 2024 2:00pm
212 Views
Post# 35831771

Look at the charts.

Look at the charts.Look at the charts over the past five years.

This January isn't much different for this ETF than any others. 

The price on this one could easily go back into the high fives or sixes, depending on the way the winds blow. 

As for fighting the RELIGIOUS/POLITICAL wars off shore, between people that have made such wars a tradition, where would you rather fight them???

Here or over there?

Europe tried to divert money from defense to peaceful buildups of society. 

While they were doing so, Russia, China, Pakistan, India and Middle East WANNABE DICTATORS/KINGS built up their attack weapons stocks. 

The West is between a rock and a hard place on that one. 

I've spoken to several immigrants about this. The vast majority of them are just happy to be out of those totalitarian systems. The very odd one is trying to bring that same totalitarianism here. 

I'm going to be dumping my FTN today, in all of my accounts. 

GLTA the good folks here
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