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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

Comment by Northsea6on Oct 17, 2024 1:36pm
98 Views
Post# 36270272

RE:Mouserman and NoShirt

RE:Mouserman and NoShirtHey guys and thank you for the very detailed information.2days ago l bought my first position at 8,70and not unhappy ,it was only 1000 shares but you have to start somewhere.Your discussion about Tax treatment etc is not pertinent to me as all my positions are in just two registered accounts.I can see some validity for a market correction but A Santie rally isn't that far away either.I intend to add at least another  two thousand shares as quickly as possible as looking back a few years every time it appears investors get worried the fund recovers and goes up and getting new shares by reinvesting on the cheap is never had .I also am not a day trader  or one that moves in and out on news that may be considered suspect.
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