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 > Looks like I'm the only buy and hold investor here

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Comment by rixpixon Dec 21, 2024 1:34pm

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Post# 36373698

RE:RE:RE:RE:Looks like I'm the only buy and hold investor here

BTW
forgot to mention that the Nov 5 post is when I bought my 10K shares of DFN.
Still holding today and collecting $1K monthly, plus almost a 100% cap gain so far.

I'm done, and apologize to the board for cluttering it with irrelevant FTN info.
I'll continue holding FTN because I love their monthly dividend.

Lose money over night.
Make money over time.

GLTA

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