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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 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

Comment by Inglewoodon Mar 28, 2024 4:48pm
174 Views
Post# 35959064

RE:FTN unit nav to March 28 = approx: $18.41 AFTER dist.

RE:FTN unit nav to March 28 = approx: $18.41 AFTER dist.Have a great Easter buddy. 

Hopefully the PCE number isn't a rally killer tomorrow (but I think Powell hinted last week the Fed had a sense already on what this number was going to be, and it was not going to change their calculus). 

It does seem, as many of the analysts are saying, that the rally is broadening out and the focus is shifting from the Fed into earnings stories. 
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