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FTN – Financial 15 Split Corp

Not Compliant

—X—

Financial 15 Split Corp is not compliant with Shariah. The company is involved in Other Financial Vehicles and related activities.

$218,351,440

Market cap

-75.14%

Revenue Growth

-

Analysts' Rating

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N/A

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Total Analysts: 0

Company Profile

Financial 15 Split Corp. is a mutual fund, which invests primarily in over 15 Canadian and the United States 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% annually and to pay the holders of the Preferred Shares approximately $10 per Preferred Share on or about the termination date. Its investment objectives with respect to Class A Shares are to provide holders of Class A Shares with regular monthly cash distributions and to permit holders to participate in all growth in the net asset value of the Company over $15 per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying over $10 per Preferred Share. The investment manager of the Company is Quadravest Capital Management Inc.

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