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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 > Greed
View:
Post by traderfrom on Sep 07, 2023 6:02pm

Greed

Greed is Good to some extent but buying or holding this or other Split funds trading at lofty premium to get 10 -12 cents per month is not investment now around 6.30-6.50 could be safe to buy not at 8-9 bucks
Comment by Donwaan on Sep 07, 2023 7:18pm
With all due respect traderfrom, although in principle you are correct the regularly paying splits funds have historically traded at a premium to NAV. The 30%+ premium obviosly got much too lofty though.
Financial 15 Split Corp
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