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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... see more

TSX:FTN - Post Discussion

Financial 15 Split Corp > FTN unit nav to AUg 14 = approx; $18.03
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Post by mouserman on Aug 14, 2024 4:56pm

FTN unit nav to AUg 14 = approx; $18.03

Big bounce back day for the US banks, altho all are still below JULY 31 levels. Big CAD banks also still all below JULY 31 .. only SLF and GWO are up .
Last trade @ $8.22, means only a 19 cent premium. Has to be one of the better buys amongst the financial split funds, using  small premium to NAV  value with the yield and safety  on top.
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