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.

TSX:FTN - Post by User

Financial 15 Split Corp > More selling on FTN commons today

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Comment by Richou77on Feb 29, 2024 12:06pm

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Post# 35906763

RE:More selling on FTN commons today

Hi Mouserman,
I just registred with Stockhouse, even if I follow FTN and DFN since a long time and you by the way, to comment on your last post. First of all, I appreciate your daily update on the NAV of FTN (I no longer have any DFN), it's really usefull.
And for your last comment, I agree 100% with the first part of it, but I dont think that Anonymous is shortselling right now. I use Stockwatch too and look at all the other months and Anonymous is always selling over 1 million shares per month and if we compare with the shortselling chart that Stockwatch provide us bi-monthly, there is no correlation. I do know that CIBC short FTN occasionally for short period of time. And ringht now, who want to short FTN at discount?
Humbly!

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