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 @ $17.89 to June 11

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Comment by oldbrit34on Jun 12, 2024 11:13am

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Post# 36084830

RE:RE:FTN UNIT NAV @ $17.89 to June 11

FTN for the last six months has been making higher highs and higher lows suggesting that there is some buying pressure for the stock. They do say "the trend is your friend " and perhaps yesterday"s low of $8.10 would be getting somewhere near to an entry point. It may well be that $8.00 could be an important price in the near future.

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