What does FTN mean in TORONTO STOCK EXCHANGE

A Financial 15 Split Corporation is a type of investment vehicle that invests in a portfolio of financial services companies. The split corporation is divided into two parts, the ‘Regular’ portion and the ‘Financial 15’ portion. The Regular part invests in Canadian equities, bonds and cash, while the Financial 15 part focuses exclusively on fifteen selected financial services companies listed on the Toronto Stock Exchange (TSX).

Investing in a Financial 15 Split Corporation provides investors with access to income from dividends as well as capital appreciation opportunities associated with those fifteen chosen financial services stocks. The portfolio diversification provides investors with increased liquidity, low cost structure and potential tax deferral benefits.

The Regular portion is invested mainly in cash and fixed-income securities such as Government bonds, while Investment Advisors manage the composition of assets within this portion on behalf of investors. The Financial 15portion consists exclusively of equities in up to fifteen Canadian issuers operating in financial services industry, including banks, insurers, asset managers etc., which are chosen by an independent selection committee.

By investing in a Financial 15 Split Corporation, an investor can benefit from potentially lower taxes due to deferred capital gains through accumulation periods during which dividends are reinvested back into units of the Fund. This allows for capital gains to be recognized only when an investor chooses to redeem their units in full or partially liquidate their holdings.

The selection committee reviews all potential investments periodically and generally meet on a quarterly basis or when there has been significant changes influencing existing investments held by this fund. All research conducted by the committee must comply with applicable regulatory guidance when selecting acceptable stocks for inclusion within this fund’s investment strategy.

The selection committee takes into consideration various factors including market size, return potentials and stability of individual stock prices before making any decision about its acceptance into this fund's portfolio mix. Furthermore, each issuer must also meet certain predetermined thresholds pertinent to dividend yields before being considered appropriate for inclusion within this fund’s investment objectives.

As with any investment, there is always some level of risk associated with it; however, since these funds typically have fairly well diversified portfolios composed predominantly by financially strong companies operating within highly regulated industries such as banking or insurance sectors – they tend to present less risk than other equity investments over long-term horizons.

Yes – just like any other form of investible product it requires solid understanding about underlying fundamentals before selecting products that match investor’s objectives best . To optimally reap benefits from your investments you should have requisite knowledge about economic cycles, interest rates movements along with stock market behavior etc.

Investors could incur several fees depending on which service provider they chose and which investment products are available under their particular package plan; these fees could include management fee associated with managing your overall portfolio , performance based fee based upon returns generated as well as sales/redemption charges applicable if you intend redeeming some or all units held by you.

An Investment Advisor appointed by Mutual Fund company responsible for managing underlying assets carefully examines current market conditions relative to anticipated future ones before allocating funds between Regular and Fifteen stocks components appropriately . All decisions made concerning weightings across both components needs to be approved by Board members representing shareholders interests at all times.