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 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... see more

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TSX:FTN - Post Discussion

Financial 15 Split Corp > Why is this getting battered again today?

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Post by Inglewood on Sep 12, 2023 11:58am

Why is this getting battered again today?

Any clue? The other splits seem to be doing fine.

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Comment by Donwaan on Sep 12, 2023 12:32pm

Good question! All of the holdings are in the green today. Cdn dollar is up though.

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Comment by mouserman on Sep 12, 2023 1:33pm

CAD is up almost back to where it was on the 15th of AUG... but seems the market is waiting on inflation numbers from the US. FTN had a big jump back up, so i believe some profittaking is all we are seeing.

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Comment by mouserman on Sep 12, 2023 2:04pm

FTN trading down is a bit of a mystery when looking at the holdings, particularly the US banks.. which have are haviing quite a huge day today. Speculation now is that the FED will not raise rates again until November at the earliest, and maybe not even then. FTN has had a lot of volume today , with nearly half of it on the ATS . TSX is only accounting for 132 K of the 249.5 K traded. ...more

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Financial 15 Split Corp