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.

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Financial 15 Split Corp > Devils advocate... discount vs premium

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Post by ehud42on Jul 16, 2024 2:45pm

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Post# 36135278

Devils advocate... discount vs premium

It was just a few weeks ago that this forum was warning of impending drops and many were pulling out and taking profits. I fell out on a trailing stop. Now there's a discount (a good $0.30+ above my exit point last month) - is that the market still prepping for a crash? or lagging from the dip?

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