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Toronto Stock Exchange · Financial Services

Invest in US Financial 15 Split stock from India

Indian and foreign residents can buy US Financial 15 Split (FTU-PB) shares directly through Paasa.

By Paasa · Updated

US Financial 15 Split at a glance

Price
CA$8.75+CA$0.00 (0.00%)
Market cap
CA$15.75M
Day range
CA$8.75 – CA$8.75
P/E
11.40
Dividend yield
10.05%
Volume
0.00
1 month
-4.06%
6 months
+12.32%
YTD
+3.55%
1 year
+12.32%
5 years
+9.38%

Live chart and statistics

US Financial 15 Split statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueCA$22.5KCA$30.8KCA$42.7KCA$12.2KCA$4.6M
Gross profitCA$2.0MCA$1.1MCA$585.4KCA$1.5MCA$884.0K
Operating incomeCA$1.2MCA$5.9MCA$1.2MCA$1.3MCA$1.5M
Net incomeCA$1.4MCA$5.9M−CA$1.2M−CA$606.7KCA$4.4M
Earnings per shareCA$0.00CA$3.17−CA$0.66−CA$0.32CA$2.33
EBITDACA$1.4MCA$5.9MCA$1.2MCA$1.3MCA$1.5M
Total assets—CA$15.4MCA$11.2MCA$13.7MCA$15.6M
Total debt—CA$15.3MCA$11.1MCA$13.5MCA$15.5M
Cash and short-term investments—CA$15.4MCA$11.1MCA$13.7MCA$15.6M
Shareholders' equity—CA$0.0CA$0.0CA$0.0CA$15.5M
Operating cash flowCA$3.0MCA$1.9MCA$685.9KCA$2.5MCA$1.4M
Free cash flowCA$3.0MCA$1.9MCA$685.9KCA$2.5MCA$1.4M
Capital expenditureCA$0.0−CA$4.0−CA$4.0−CA$3.0−CA$4.0

Fiscal years as reported, the latest ending 30 Nov 2025. Figures in CAD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Financial 15 SplitFTN-PA.TOCA$10.86CA$626.95M
New Commerce Split FundYCM.TOCA$10.95CA$10.80M
Prime DividendPDV.TOCA$14.93CA$8.45M
US Financial 15 SplitFTU.TOCA$0.71CA$1.29M
North American Financial 15 SplitFFN-PA.TOCA$10.86CA$0.00

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in US Financial 15 Split from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.

  3. Step 3

    Search FTU-PB and buy

    Find US Financial 15 Split by name or by its ticker, FTU-PB, and place your order.

Why invest in US Financial 15 Split from India

What US Financial 15 Split does

US Financial 15 Split Corp is a closed-ended equity mutual fund, initiated by Quadravest Inc. and under the management of Quadravest Capital Management Inc. Established in Canada on December 17, 2004, the fund's investment strategy focuses on public equity markets within the United States, specifically targeting companies active in the financial services sector. US Financial 15 Split operates in the Asset Management industry within the Financial Services sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy US Financial 15 Split stock from India?

Yes. Indian residents and NRIs can buy US Financial 15 Split (FTU-PB) shares directly through Paasa. US Financial 15 Split is listed on the Toronto Stock Exchange, in the Asset Management industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

What tax do I pay in India when I sell US Financial 15 Split shares?

In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

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