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 > Warren Buffett keeps selling

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Comment by NoShoesNoShirton Nov 04, 2024 9:45am

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Post# 36295020

RE:Warren Buffett keeps selling

If you remember 2020, the market was in free fall until Warren Buffet agreed to start buying. 2 years of going straight up, setting lots of records, so it's easy to see something coming. We didn't even get the usual seasonal drop between August and October.

rixpix wrote: Berkshire has over 300$ billion now on the sidelines and Warren keeps selling, while not buying anything including his own stock.

Not a good confidence booster going forward for any conservative investor looking to collect divs!

GLTA