North American Financial 15 Split Corp T.FFN.P.A

Primary Symbol: T.FFN Alternate Symbol(s): FNCSF

North American Financial 15 Split Corp. is a Canada-based mutual fund corporation, which invests in a portfolio of over 15 financial services companies. It offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in the amount of over 5.5% annually and to pay the holders of the preferred shares a certain price per preferred share on or about the termination date. Its investment objectives with respect to class A shares are to provide holders of class A shares with regular monthly cash distributions and to permit holders to participate in all growth in the net asset value of the Company for a specific price per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying a specific price per preferred share. Its investment manager is Quadravest Capital Management Inc.

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North American Financial 15 Split Corp

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Comment by anubis44on Oct 10, 2018 3:26pm

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Post# 28775706

RE:RE:RE:cut losses

When a stock you own is clearly and blatantly being pushed down by short-sellers with no negative news of any kind and no obvious indication that there's a problem with the stock or the dividend payout, then yeah, it is a paper loss that you would be well-advised not to turn into an actual loss, when it's about as certain as the sun rising in the east and setting in the west that the stock will recover a very significant portion of its previous value.

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