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 > lower highs and lower lows scrooge market continues.....

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Comment by deisman03on Dec 17, 2024 12:57pm

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Post# 36366500

RE:lower highs and lower lows scrooge market continues.....

No, I don't believe that.

I believe the present fluctuations are due to political influences, and the rising US dollar, which is always detrimental to Canadian banks.

There are other influences of course, but it didn't help when Carney ducked out on Trudeau yesterday and refused to take the position of Finance Minister, along with five other MPs.

This creates a lack of trust and faith in Canadian markets.

Just IMHO of course

GLTA the good folks here.

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