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 Sept 9 = approx; $18.45

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Post by mouserman on Sep 09, 2024 4:42pm

FTN unit nav to Sept 9 = approx; $18.45

Now showing only a loss of 15 cents since AUg 30... and a nice bounce back in the US stocks, altho all are still down since the update. FTN commons closed the day @ $8.19 and seems a nice discount with so much time left until ex divvy date. I waded back in and bought some today.

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Comment by mouserman on Sep 10, 2024 10:25am

LOL may have jumped the gun buying yesterday... a lot of weakness in the financials, US holdings look worse than CAD , but USD gaining back vs CAD today as well. At any rate will continue to monitor and average down.. as I think the safer split funds with the bigger cushions above the 15 $ threshhold will fare the best in further downside.

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