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

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. Pref Shs

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Comment by anubis44on Jan 10, 2020 11:52am

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RE:RE:RE:RE:RE:USD climbing , every stock up early this am

Thanks for your reply. I am not yet retired, so I have an income aside from my investments that pays all my bills and then some (most of the time!). I am therefore focussing mainly on the commons, and am trying to figure out how to trade these properly. Obviously, I'd like nothing more than to be able to buy and hold an investment that yields 20% per annum :) but I realize from some experience so far, that the volatility on these funds is stomach-churning, and there's always a danger of a skipped dividend (or several).

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