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

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TSX:FTN - Post Discussion

Financial 15 Split Corp > FTN unit nav to July 18 = approx: $18.56

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Post by mouserman on Jul 18, 2024 4:22pm

FTN unit nav to July 18 = approx: $18.56

Brutal selloff today in the US banks , and CAD lifecos..
CAD banks were flat basically.. Only a gain of 7 cents now since mondays numbers. Could see a couple of days of selling here, altho not sure what caused the selloff, other than algo trading... Basically i think the markets had gone up too fast in a very short period of time, with the only positive being that the FED may indeed cut in september. Even that not a sure thing just yet.
Commons of FTN now valued @ $8.56 before dist.

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