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 Aug 12 = approx: $17.65

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Post by mouserman on Aug 12, 2024 4:17pm

FTN unit nav to Aug 12 = approx: $17.65

So golferman was really close with the earlier estimate. My spreadsheet has the UNIT NAV losing 92 cents since July 31 at this point. Most of that loss a week ago today. Some have not recovered , WFC, and Citigroup to name a couple. DOWN 12.7 % and 11.3% respectively since JULY 31.
FTN commons value here is about $7.65 and only 3 days left until the calculation date.

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