Financial 15 Split Corp T.FTN.PR.A

Primary Symbol: T.FTN Alternate Symbol(s): 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 > BANKS

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Comment by flamingogoldon Nov 21, 2024 6:18pm

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Post# 36324916

RE:RE:RE:BANKS

I personally did not expect lifecos to perform this well. But, I am happy with my bet on the banks. Both have done well beyond the expectation of most. Worst scenario would have been going to cash waiting for the hard landing which never materialized.