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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

Post by NobleHouseon Mar 29, 2024 2:23pm
190 Views
Post# 35960340

Experienced

ExperiencedWhile l said l disagree with what you are doing at present , it's not really a disagreement , but more a difference in portfolio objectives.That difference is as you put it once the difference between the rich and the not so rich.As l stated before , with your coin earned on the Street and now retired and a seemingly laissez faire attitude to losses or successes  it would appear to me that you just love the game and take pride , nothing wrong in that for sure , in beating the Market and most if not all the guests we see on BNN.Congrats on your LCS moves, what a great return , but some of us don't have the diversity of the ability to diversify to your extent as our portfolios are far more limited.I also notice that you are much more into ETFs today than when you were active on the Street.That could be a mistaken assumption but it occurred to me that only a few Street Pros like John Hood as an example specialize in ETFs where most ignore them for the most part and prefer to hold individual Stocks.SLANTE The last time l posted that , the computer decided on its own that l meant Slanted.So much for the Good old Days .Take care EX.
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