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 Nov 8 = approx; $20.26

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Post by mouserman on Nov 08, 2024 4:43pm

FTN unit nav to Nov 8 = approx; $20.26

After all the updating USD exchange , cash position and matching % for US and Cad holdings, the gains since OCT 31 is $1.02 in the UNIT NAV... I dont think having the extra cash was a bad thing. Erring on the side of caution before such a election is actually a prudent move. Last trade @ $9.08 is showing that eventually this one will get nearer to its real value.. especially once ex divvy date gets close.

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