TSX: FTU       US Financial 15 Split Corp
Last Price Today's Change   Day's Range   Trading Volume
0.48   0.00 (0.00%)  0.48 - 0.48  9,000


Avg Volume (4 weeks):0
52 Weeks Range:0.33 - 0.48
52 Weeks Price Volatility (%):
Average Price Target:-


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Business Background

US Financial 15 Split Corp. is a mutual fund corporation. The Company invests primarily in an actively managed portfolio of common shares of the United States financial services companies. The Company's investment objectives are to provide holders of Preferred Shares with cumulative preferential cash dividends in an amount equal to approximately 5.25% per annum of the net asset value per Unit calculated as at the end of the preceding month, payable to holders of Preferred Shares of record on the last business day of such month, and to provide holders of Class A Shares with such dividends as the directors of the Company may from time to time determine. The Company's investment portfolio is concentrated in the segments, which include the United States Core Common Equities, Other United States Common Equities and Call Options written. Quadravest Capital Management Inc. (Quadravest) is the Company's investment manager.

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