Financial 15 Split Corp T.FTN

Alternate Symbol(s): FNNCF | T.FTN.PR.A

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

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Post by NobleHouseon Aug 06, 2024 12:45pm

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Post# 36166141

RixPix

So the markets onFriday and Monday were down 5% or so but you actually believed some total BS that the Banks and Lifecos were somehow down 40 to 50% , l realize you didn't sell and just put in a low bid to see , but let's get real.Even in 2008 other than Lehmans and Bear Sterns nobody dropped that quick and back then the news was real on the Bank CEOs stupidity on fraudulent CDOs etc. Only a real believer in Fairy Tales would even acknowledge whatever it was you read..Just some mistake by some group of Computer Wizzes ,sort of similar tothe Cloudstrike debacle.Better luck next time

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