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

Financial 15 Split Corp > FTN UNIT NAV to April 15 = approx: $17.79

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Comment by NobleHouseon Apr 16, 2024 2:04pm

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Post# 35992010

RE:RE:FTN UNIT NAV to April 15 = approx: $17.79

I agree completely , every time there is even a minor correction , the board guru advocates doom and gloom , Sell sell sell , go into preferred or elsewhere , now where is elsewhere safe from this recent correction. I appreciate his daily NAVs and maybe he should stick to that , the reason everyone applauds him , however over recent times his investing recommendations leave alot to be desired and he sounds like the Boy crying Wolf.I am fully prepared to take the flak from his fan club who consider his words of wisdom omnipotent.

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