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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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... see more

TSX:FTN - Post Discussion

Financial 15 Split Corp > FTN unit nav to March 17 = approx: $16.87
View:
Post by mouserman on Mar 17, 2023 5:05pm

FTN unit nav to March 17 = approx: $16.87

So the spreadsheet updated showed FTN losing 26 cents, a penny less than FFN showed despite the much lower market valuation for FFN units. FTN commons now valued @ $6.87 before distributions.
Premium is very high now @ $1.88 or about  27.3%... for some reason i cannot fathom , FFN premium is higher.
Comment by toddkaz on Mar 17, 2023 5:38pm
The thing is customers are fleeing regional banks and going to Bank of America, Wells Fargo, Citigroup and even though we are seeing a selloff now when earnings come out and things turn around these big banks will have more deposits, more customers and more business.
Financial 15 Split Corp