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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...
% annually and to pay the holders of the Preferred Shares approximately $10 per Preferred Share on or about the termination date. Its investment objectives with respect to Class A Shares are to provide holders of Class A Shares with regular monthly cash distributions and to permit holders to participate in all growth in the net asset value of the Company over $15 per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying over $10 per Preferred Share. The Company’s investment manager is Quadravest Capital Management Inc.
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TSX:FTN - Post Discussion
Financial 15 Split Corp
> Laugh out loud
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•••
NoShoesNoShirt
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Post by
NoShoesNoShirt
on Aug 06, 2024 8:38am
Laugh out loud
Premarket bid ask for FTN is $3.30
(12)
•••
JimBoSS
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Comment by
JimBoSS
on Aug 06, 2024 8:47am
Bid/Ask is all over the place. $1.50, $2.50 now $2.00.
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