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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 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

Comment by NoShoesNoShirton Dec 29, 2024 4:25pm
87 Views
Post# 36380140

RE:RE:RE:Whilst I appreciate the banter and the updates on NAV etc

RE:RE:RE:Whilst I appreciate the banter and the updates on NAV etcHere's the only pattern that matters insplits....Class A will pay out too much until it misses payments.  Once it misses enough, it starts paying and the cycle repeats.
AXPRO wrote: Just as a question. Looking at the 1Y, 3Y and 5Y period, what cyclical pattern do you see. I'm pretty strong in seeing patterns, but I don't really see them.
Or do you mean something with 75 different screens overlaying each other, resulting in a main pattern that when markets go down or up, so does FTN?

I do love to read these nothing saying saying posts every now and then. So please stop with them for the next 10 months as by then the next 'now and then' bus comes by


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