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

Financial 15 Split Corp > NAV after open @ $19.21

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Comment by Toppicks1on Oct 11, 2024 10:13am

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Post# 36262538

RE:RE:NAV after open @ $19.21

Golferman wrote: Te NAV continues to rise...... Now approaching $19.28......HUGE DISCOUNT 9.3%

One of these day the market will wake up to the opportunity here. Just think if it would trade at even a 4% premium it would be at 9.60 a share. That's where it should be with the safety involved. Sometimes it take the market some time to figure things out. Much higher prices coming.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?