Explore FTN Share | Get 15 % Fixed Dividend Yield.

In the field of investing investors are of two types one is aggressive and the other is conservative. An aggressive investor is an investor who likes to take more risks and expects more gain on his investments. On the other hand, a conservative investor is one who expects a moderate fixed return on his investment with low risk. If you want to obtain fixed returns then you can invest in the share of a Split share corporation.  FTN Share is one kind of Split share owned by the corporation known as a Financial 15 Split Corporation and has a good history of providing a consistent dividend yield of 15 % per year for the last five years. As soon as we will go ahead with this article we learn more about this share.

1. About The Organization.

Financial 15 Split Corporation is run by ‘Quadravest Capital Management which is a Canadian-based investment firm. It is made up of Canadian and U.S. issuers.

This company focused on the creation and management of high-yield products for retail investors. This company offers two types of FTN shares that are preferred shares (FTN.PR.A) and Class A (FTN share).

The CEO of this company is S. Wayne Finch. This Corporation holds a  portfolio of 15 high-yield fundamentally strong shares that have good a record of above-average and dividend growth.

2. Why Offer Two Types of Shares?

In the above paragraph, we have discussed that said firm offers two types of shares to the investors that are Class A shares and Preference Shares. A question could come to the mind of beginner investors Why the organization offer two types of shares? Here we will try to explain.

• Class A Share( FTN Share):-

This is a common type of stock also known as capital share and most people invest in this type of stock. These stocks represent shares of ownership in a corporation and represent claims on profit and voting rights.

The main objective of Financial 15 Split Corporation is to issue Class A shares to allow its investors to participate in the growth of the company and provide monthly cash distribution to its investors.

• Preference Share (FTN.PR.A):-

A preference share is a share that prefers shareholders to have priority over a company’s income, meaning they are paid dividends before common shareholders.

These types of shareholders don’t have voting rights or ownership of the company. The main objective of the Financial 15 Split Corporation is to issue preference shares to its investors to provide monthly Fixed cumulative dividends, currently in the amount of 6.75% annually and subject to a minimum of 5.5% until 2025.

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Disclaimer 📢

Investing is a complex and dynamic field, and it is essential to approach it with caution and prudence. The information provided in this blog post is for general informational purposes only and should not be considered professional financial advice. Investing in financial markets carries inherent risks, and it is important to do proper research and consult with a qualified financial advisor before making any investment decisions.

4. Working Principle.

As the name of the company i.e. Financial 15 Split Corporation suggests it is a mutual fund that works on a split share technique to obtain consistent growth and dividend yield.

In this technique, the corporation issues an equal number of ClassA and preferred stocks to retail investors. The total Market value of the Split share corporation is backed by its holding share basket.

This basket generally contains high-value blue chip company stock having a low-risk profile.  Generally, these are passively managed funds but sometimes fund managers use techniques like covered call writing and cash-covered put writing to increase returns.

This type of Fund has a fixed maturity date and has the main objective of providing a fixed dividend yield till the corporation is wrapped up.

5. Top Holdings.

The Financial 15 Split Corporation has created an underlying basket of shares consisting of quality stocks and the top holdings of the company’s FTN share sorted by weight as of November 30, 2022, are given as:-

1. JPMorgan Chase & Co.
2. Goldman Sachs Group Inc.
3. Bank of America Corp.
4. Wells Fargo & Co.
5. Royal Bank of Canada.
6. Citigroup Inc.
7. Toronto-Dominion Bank.
8. National Bank of Canada.
9. Manulife Financial Corp.
10. Canadian Imperial Bank of Commerce.
11. Sun Life Financial Inc.
12. Bank of Nova Scotia.
13. Bank of Montreal.
14. Great-West Lifeco Inc.
15. AGF Management Ltd.

Credit : quadravest.com

6. Valuations and Statics.

• NAV Pre-Distribution:  $19.01
• Distribution:  $0.1820
• NAV Net of Distribution:  $18.83
• NAV + Total Distributions Paid to Date:  $52.62
• Dividend yield: 15% per year

Credit : quadravest.com

7. Conclusion

We hope at the end of the article you have a clear idea about FTN Share. This article is not written to give any stock recommendations to the viewer but to provide awareness of FTN stock.

The aim of this article is to provide information about low-risk fixed dividend yield investment instruments. It is recommended that before investing in any Financial instrument like stock, mutual fund, etc. kindly do your own research or take advice from your financial advisor.

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8. FAQs

• Is Financial 15 Split Corp A Good Investment?

Ans:–  It is a split share corporation and good for fixed yield income. The Financial 15 Split Corporation has created an underlying basket of shares consisting of quality stocks like

1. JPMorgan Chase & Co.
2. Goldman Sachs Group Inc.
3. Bank of America Corp.
4. Wells Fargo & Co.
5. Royal Bank of Canada.

This is good for the conservative type of investor who can’t expect an alpha or market-beating return from it. Although before investing do your homework according to your risk appetite.

• Are Split Shares A Good Investment?

Ans:- Usually companies split their share to increase their number of shares and liquidity. it neither adds any value nor dilutes the ownership stake of the holder. Splitting share makes the company share more affordable to the retail investor and increase the chances of a retail investor buying more stocks.

• How Does Dividend 15 Work?

Ans:-The Financial 15 Split Corporation is a Canadian-based organization run by ‘Quadravest Capital Management’.

This company focused on the creation and management of high-yield products for retail investors. This company offers two types of FTN shares that are preferred shares (FTN.PR.A) and Class A (FTN share).

It is designed to pay monthly high cash dividends to its holders. This contains a basket of high-value blue chip stocks and pays dividends from the profit gain of the basket’s stocks.

• What is A Dividend Split Corp?

Ans: A dividend split corporation is an investment firm that works on a split share technique to obtain consistent growth and dividend yield. In this technique, the corporation issues an equal number of ClassA and preferred stocks to retail investors.

The total Market value of the Split share corporation is backed by its holding share basket. This basket generally contains high-value blue chip company stock having a low-risk profile.

Generally, these are passively managed funds but sometimes fund managers use techniques like covered call writing and cash-covered put writing to increase returns.

This type of Fund has a fixed maturity date and has the main objective of providing a fixed dividend yield till the corporation is wrapped up.