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

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Post by Toppicks1on Nov 04, 2024 9:21am

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Post# 36294962

Warren Buffett

Has a cash position of 325 billion. The last time he had this much cash the market rallied for 3 years. The last time he was basically all in was the peak of 2021 in December. A lot of his selling lately has to do with the possibility of new tax rules that may force him to pay taxes on investment profits weather you sell the stock or not. Think about that for a minute.

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Three micro-cap value stocks trading at peak pessimism