11.5 CAD
0.01
0.09%
Last update Dec 12, 3:52 PM EST
Market closed
Day range
11.45000
11.55000
Previous close
11.49000
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Financial 15 Split Corp.
11.50
0.01
0.09%

Overview

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Description

Financial 15 Split Corp. is a type of closed-end investment fund that primarily focuses on investing in a portfolio of leading financial companies. Its structure involves issuing two types of shares: preferred shares and class A shares. This creates a split share corporation designed to provide steady income and potential capital appreciation. Financial 15 Split Corp.'s portfolio typically includes well-established institutions in banking, insurance, and diversified financial services, ensuring a robust income stream from dividends. The fund plays a significant role in the market by offering investors an opportunity to benefit from Canada's prominent financial sector through a professionally managed, diversified portfolio, potentially enhancing both income and growth over the fund's lifespan.

About

Address
200 Front Street West
Suite 2510, P.O. Box 51
Toronto, M5V 3K2, ON
Canada
Phone
416-304-4440
Website
Instrument type
Closed-end fund
Country
Canada
MIC code
NEOE
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