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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 in realtime = approx: $18.22
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Post by mouserman on Aug 15, 2024 11:48am

FTN unit nav in realtime = approx: $18.22

So with the CAD at 73  cents USD , the UNIT NAV has now lost 35 cents since July 31..
Getting closer to even, but still a ways to go.
Last trade @ $8.26 leaves a very tiny premium, considering the yield and safety. I do like it better than FFN even tho the % yield is lower. Only 3 holdings with gains  in FTN are  GWO , up 3.85 %, SLF up  3.3% and NAT BAnk up half a %.
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