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 OCT 30 = approx; $19.63

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Post by mouserman on Oct 30, 2024 4:34pm

FTN unit nav to OCT 30 = approx; $19.63

So a bit of a pullback end of day, both in the US banks and the exchange rate. Overall tho a 28 cent gain in 2 weeks is not a bad move. Commons now valued at about $9.42 after distributions are factored in. So with the last trade @ $9.09 , the discount is now down to 33 cents or about 3.5%.

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