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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

Financial 15 Split Corp > Mouserman
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Post by Northsea6on Oct 16, 2024 2:46pm
217 Views
Post# 36268618

Mouserman

MousermanI am a new member of SH and presently do not own any Split funds but am thinking of adding some to my portfolio.I have followed you for the last couple of weeks and it appears you only follow and report on this type of fund.I have a few questions as FTN is really the only one l have been following.What is the highest yielding Quad fund out there . And could you comment about it's NAV and current share price and also would you buy that one or is FTN your favourite , especially considering the discount to NAV.Appreciate a response.
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