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 > FTN unit nav to MAY 01 after distributions= approx; $17.97

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Comment by rixpixon May 03, 2024 7:26am

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Post# 36021134

RE:RE:FTN unit nav to MAY 01 after distributions= approx; $17.97

NoShoesNoShirt wrote:
mouserman wrote: So FTN commons are trading right at NAV, no premium like DFN.... or DGS.... but a LOT more safety.

FTN is for the cognizant investors. DFN is for the dreamers. DGS is for the optimistic.

I own FTN and DFN shares, but not DGS.

In general I'm a very optimistic person, so I guess I should buy some DGS too. :))

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