FMP
Flaherty & Crumrine Investment Grade Preferred Income Fund
FFI-UN.TO
TSX
Inactive Equity
Flaherty & Crumrine Investment Grade Fixed Income Fund is a closed ended fixed income mutual fund launched by Brompton Funds Limited. It is managed by Flaherty & Crumrine Incorporated. The fund invests in the fixed income markets of North America. It primarily invests in investment grade preferred securities and corporate debt. The fund benchmarks the performance of its portfolio against the Bank of America Merrill Lynch 8% Capped Composite US Capital Securities Index and Bank of America Merrill Lynch 8% Capped Hybrid Preferred Securities Index. Flaherty & Crumrine Investment Grade Fixed Income Fund was formed on November 25, 2004 and is domiciled in Canada.
12.54 CAD
0 (0%)
EBIT (Operating profit)(Operating income)(Operating earning) = GROSS MARGIN (REVENUE - COGS) - OPERATING EXPENSES (R&D, RENT) EBIT = (1*) (2*) -> operating process (leverage -> interest -> EBT -> tax -> net Income) EBITDA = GROSS MARGIN (REVENUE - COGS) - OPERATING EXPENSES (R&D, RENT) + Depreciation + amortization EBITA = (1*) (2*) (3*) (4*) company's CURRENT operating profitability (i.e., how much profit it makes with its present assets and its operations on the products it produces and sells, as well as providing a proxy for cash flow) -> performance of a company (1*) discounting the effects of interest payments from different forms of financing (by ignoring interest payments), (2*) political jurisdictions (by ignoring tax), collections of assets (by ignoring depreciation of assets), and different takeover histories (by ignoring amortization often stemming from goodwill) (3*) collections of assets (by ignoring depreciation of assets) (4*) different takeover histories (by ignoring amortization often stemming from goodwill)
