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1. Company Snapshot

1.a. Company Description

Financial 15 Split Corp.is an close ended equity mutual fund launched by Quadravest Inc.It is managed by Quadravest Capital Management Inc.


It invests in the public equity markets of the United States and Canada.The fund primarily invests in stocks of companies operating in the financials sector.Financial 15 Split Corp.


was formed on Nov 14, 2003 and is domiciled in the Canada.

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1.b. Last Insights on FTN

Financial15 Split Corp.'s recent performance has been positively driven by its consistent dividend declarations. The company has maintained its monthly distribution, declaring $0.12570 for each Class A share and $0.07083 for each Preferred share. Since inception, Class A shareholders have received a total of $27.57 per share, while Preferred shareholders have received $12.69 per share. The steady payouts demonstrate the company's ability to generate stable income, supporting its shareholder base. Distributions remain payable to shareholders on record.

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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Financial 15 Split Corp. Completes Overnight Offering of $92,220,000

Nov -25

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Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

Nov -19

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Financial 15 Split Corp. Successful Overnight Offering of Preferred Shares

Nov -18

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Financial 15 Split Corp. Announces Overnight Offering of Preferred Shares

Nov -17

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Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

Oct -20

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Financial 15 Split Corp. Announces Class A Share Split and Increased Total Distributions

Sep -23

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Financial 15 Split Corp. Preferred Share Rate

Sep -23

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Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

Sep -23

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4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (10.50%)

6. Segments

Investment and Related Activities

Expected Growth: 10.5%

Diversified portfolio of 15 high-growth companies, generating income through dividends and capital gains, driving growth.

7. Detailed Products

Dividend Yield Fund

A diversified portfolio of high-quality, dividend-paying stocks with a focus on generating regular income for investors.

Capital Yield Fund

A portfolio of high-quality, income-generating securities with a focus on preserving capital and generating returns.

Preferred Share Fund

A portfolio of preferred shares issued by high-quality companies, offering a relatively stable source of income and capital appreciation.

Capital Gains Fund

A portfolio of securities with a focus on generating capital gains through the sale of undervalued or distressed securities.

Split Share Corporation

A corporation that issues two classes of shares, one with a fixed value and the other with a variable value, allowing investors to benefit from the potential upside of the underlying portfolio.

8. Financial 15 Split Corp.'s Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Financial 15 Split Corp. is medium, as there are some alternative investment options available to investors, but they may not offer the same benefits as Financial 15 Split Corp.

Bargaining Power Of Customers

The bargaining power of customers for Financial 15 Split Corp. is low, as individual investors have limited negotiating power.

Bargaining Power Of Suppliers

The bargaining power of suppliers for Financial 15 Split Corp. is medium, as the company relies on a diverse range of suppliers, but some suppliers may have more negotiating power than others.

Threat Of New Entrants

The threat of new entrants for Financial 15 Split Corp. is high, as the financial industry is highly competitive and new investment products are constantly being developed.

Intensity Of Rivalry

The intensity of rivalry for Financial 15 Split Corp. is high, as the company operates in a highly competitive industry with many established players.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 60.48%
Debt Cost 3.95%
Equity Weight 39.52%
Equity Cost 11.53%
WACC 6.94%
Leverage 153.07%

11. Quality Control: Financial 15 Split Corp. passed 2 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Financial 15 Split

A-Score: 7.7/10

Value: 5.5

Growth: 4.6

Quality: 8.8

Yield: 10.0

Momentum: 8.0

Volatility: 9.3

1-Year Total Return ->

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Dividend 15 Split

A-Score: 7.1/10

Value: 3.1

Growth: 7.8

Quality: 6.7

Yield: 10.0

Momentum: 6.0

Volatility: 9.3

1-Year Total Return ->

View Full Report
Stock-Card
WisdomTree

A-Score: 5.9/10

Value: 3.5

Growth: 6.3

Quality: 7.4

Yield: 3.0

Momentum: 8.0

Volatility: 7.3

1-Year Total Return ->

View Full Report
Stock-Card
BlackRock TCP Capital

A-Score: 5.9/10

Value: 8.4

Growth: 3.3

Quality: 3.8

Yield: 10.0

Momentum: 2.0

Volatility: 8.0

1-Year Total Return ->

View Full Report
Stock-Card
Virtus Investment Partners

A-Score: 5.9/10

Value: 5.6

Growth: 5.1

Quality: 7.2

Yield: 7.0

Momentum: 3.5

Volatility: 6.7

1-Year Total Return ->

View Full Report
Stock-Card
PhenixFIN

A-Score: 5.7/10

Value: 7.3

Growth: 4.2

Quality: 7.0

Yield: 3.0

Momentum: 4.5

Volatility: 8.0

1-Year Total Return ->

View Full Report

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

11.02$

Current Price

11.02$

Potential

-0.00%

Expected Cash-Flows