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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 > Split funds are not priced like we are in a bull market
View:
Post by mouserman on Mar 07, 2024 2:58pm

Split funds are not priced like we are in a bull market

So , what makes me a little fearful, is that several of the these splits are now trading at discounts, despite being well into  the territory for paying to commons. Means folks are looking for safety, or perceived safety  like commodities , gold and bitcoin. Gold at an alltime high today. Being maybe pushed there by the prospects of nuclear war.
Amazes me that DFN with about 25 cents of coverage above 15$ level  is one that has a premium.
FTN, FFN, LFE, LCS, all at a discount. And some are at a CONSIDERABLE discount.
Comment by NoShoesNoShirt on Mar 07, 2024 3:48pm
It's the psychology of winning and losing. Most investors don't know about the workings of the splits and they just go by payment history. 
Comment by NobleHouse on Mar 07, 2024 10:36pm
I am not sure what you are on about .If a nuclear war was to occur , God Forbid , a pocket full of gold would be absolutely useless as the food supply chain would completely collapse and a goat would be worth a pound of gold or even more, and besides , who exactly has real gold stashed in their house.99% or more is in funds or bank vaults and you think in a nuclear holocaust that would be readily ...more  
Comment by Donwaan on Mar 07, 2024 10:57pm
Me thinks, NobleHouse, that you may be missing Mousermans point. It is the perception of safety, not literal safety, that he is referring to.
Comment by rixpix on Mar 08, 2024 7:32am
And me thinks,  Country Boy 69 is back!  Lol!  No doubt about it.  GLTA! 
Comment by FatTraderDude01 on Mar 08, 2024 12:25pm
flight to safety doesn't mean Nuked 10x over... Putin and the possibility 'Rump being  elected, has everyone fearing the worst.  Europe can take out Putin on their own but US helps relieve pressure. Unlikely we will have a nuclear winter, IMO
Comment by AndrewWiggin on Mar 09, 2024 2:20pm
If there is a collapse, scrap silver coins can buy you a ham sandwich and you'll need a gun to protect your silver.
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