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Bullboard - Stock Discussion Forum
Financial 15 Split Corp
T.FTN
Alternate Symbol(s):
T.FTN.PR.A
|
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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TSX:FTN - Post Discussion
Financial 15 Split Corp
> Got in, then out.
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•••
EdPaquette
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Post by
EdPaquette
on Dec 08, 2020 12:18pm
Got in, then out.
Bought this morning and sold 20 minutes later. Holy smokes that was nice.
(48)
•••
EdPaquette
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Comment by
EdPaquette
on Dec 08, 2020 1:14pm
Geez I should have kept this one a few more hours.
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