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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, 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

Post by mousermanon May 14, 2024 4:23pm
256 Views
Post# 36039619

FTN unit nav to May 14 = approx: $18.52

FTN unit nav to May 14 = approx: $18.52So when i finally got down to getting the % of each plugged in, i had to add mostly to the US holdings, as FTN no longer has more in CAD holdings. It is now 44% USD holdings, and 43% CAD holdings.
The cash is then 13%. Last month the cash was 14%  and the breakdown was 44% CAD and 42% USD... Spreadsheet now showing a gain of about 60 cents  since the update April 30
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