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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 deisman03on Nov 04, 2024 12:53pm
101 Views
Post# 36295558

RE:Warren Buffett keeps selling

RE:Warren Buffett keeps selling Buffet has a lot of very good researchers and maybe an inside track on what's going on in circlles we can only speculate on. 

His actions at this point in his life concerning Berkshire-Hathaway's investing strategy is that as a very much respected advisor, who just happens to have the final say on most matters of importance. 

We don't know what's behind his investment strategy at the moment, because he doesn't tell anyone. 

He does "telegraph" his moves and we can only interpret those moves with whatever information we have. 

There is a tumultuous time coming in the US right now. The good folks there are between a rock and a hard place politically. 

To me, Mr Buffet is just being very cautious because he can't predict the outcome and wants to be prepared for whatever eventuality. 

Then, there is the world stage and all of the very expensive "conflicts" 

There just may be some extremely profitable situations arising, which make the profits he made from bailing out BOA and continues to make less attractive. 

He's not "liquidating." He's rebalancing. 

Three years ago was a "no brainer" He made out like a bandit. 

GLTA the good folks here
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