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
Open
11.52000
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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

CEO
Employees
0
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
Sector
Financial Services
Industry
Asset Management
Country
Canada
MIC code
NEOE
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