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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 > Very strange , selling in bank related split funds...
View:
Post by mouserman on Jun 02, 2023 10:57am

Very strange , selling in bank related split funds...

I see LBS down today,  retreating the most of any split fund, with 100% of its holdings up, and the average would be over 1% for the UNIT NAV gain.
FTN also getting sold down.... and every holding up in FTN as well, and the average gain in UNIT NAV would be even greater than LBS...  @ about 1.5% overall . Underwater split funds seem to be the fav... today. FFN, DGS, LFE all up....
Comment by bdsrca on Jun 02, 2023 11:10am
time to load some more. : )
Comment by Kai2018 on Jun 02, 2023 11:29am
What is happening with FTN? Is there  something I  missed? $8.64 when  everything is  green???
Comment by Inglewood on Jun 02, 2023 12:12pm
Agreed... why the dumping when the holdings are up big today???
Comment by JohnWalker on Jun 02, 2023 12:26pm
I, too, am mystified. Not a huge deal, I only hold 5K in my TFSA, but curious as to what's going on.
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