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Bullboard - Stock Discussion Forum Financial 15 Split Corp T.FTN

Alternate Symbol(s):  FNNCF | T.FTN.PR.A

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 > FTN unit nav to July 24 = approx; $18.53
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Post by mouserman on Jul 24, 2024 4:40pm

FTN unit nav to July 24 = approx; $18.53

Spreadsheet showing only a 4 cent gain since JUly 15 as the markets sold off today, and not sure what the driver was. FTN commons now only valued @ $8.33 now after distributions ... and with the last sale @ $8.34 , it is right  trading at its proper value.  No premium...
Comment by Golferman on Jul 24, 2024 6:19pm
Let's see how the banks react tomorrow.... As they held up better then the broader market.  Golferman
Financial 15 Split Corp
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