Financial 15 Split Corp T.FTN

Alternate Symbol(s): T.FTN.PR.A | FNNCF

Financial Services Asset Management

Financial 15 Split Corp. is a mutual fund company. The Company’s investment objectives with respect to the preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in an amount fixed by the board of directors on an annual basis. Its investment objectives with respect to the Class A shares are to provide holders of Class A shares with regular monthly cash distributions, in an amount to be determined by the board of directors; and to permit such holders to participate in all growth in the net asset value of the Company above $10.00 per unit, by paying such holders, on or about the termination date, such amounts as remain in the Company on the termination date after paying the preferred share repayment amount to the holders of the preferred shares. It invests in a portfolio consisting of 15 financial services companies made up of Canadian and United States issuers. Its investment manager is Quadravest Capital Management Inc.

TSX:FTN - Post by User

Financial 15 Split Corp > New 52

<< Previous

Bullboard Posts

Next >>

Post by Toppicks1on Nov 13, 2024 10:56am

124 Views

Post# 36310261

New 52

Week high. Just think if it was trading at a premium of 10 % it would be at 11.63..."... maybe it will get there over time. Banks are strong and guiding for a stronger 4th quarter going forward. Pretty cool to own this under 8$ with a 17% divi....

<< Previous

Bullboard Posts

Next >>

3 Mid-Sized Stocks to Consider This Season