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 > FED lipflap today

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Post by mouserman on Apr 30, 2024 9:24am

FED lipflap today

More of the same i expect, higher for longer, and not many cuts in interest rates this year..

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Comment by Golferman on Apr 30, 2024 9:47am

Despite a rough day for the market, the NAV for FTN is up today in morning trading. The US to CDN dollar is helping alot today. Golferman

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Comment by mouserman on Apr 30, 2024 10:37am

Yes right you are , altho NAV is not up much... I have the UNIT NAV right at $18.13 before distributions, which values the commons at $7.93 FTN commons only trading at a 11 or 12 cent premium here. Hard to figure, how DFN gets a bigger premium while its under water. Head scratcher.....

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Financial 15 Split Corp