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 > Waiting on Quadravest update

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Comment by NobleHouseon Apr 02, 2024 3:22pm

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Post# 35965869

RE:Waiting on Quadravest update

Nothing wrong with trimming as it seems one way or another that you are all in , in the Financials and the cost of l assume 3 trades is minimal. Of course the flipside is tomorrow things could be entirely different .Not to say l never sold anything but when l did it was immediately redeployed in something else.I guess l subscribe to the Barry Schwartz way of thinking , That our Clients don't pay us to hold cash but stay fully invested. Neither him or l are Day traders. That's renting not investing or could be people who are convinced they can call the top and bottom.I don't believe in Crystal Balls either.

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