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North American Financial 15 Split Corp. Pref Shs T.FFN.PR.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.


TSX:FFN.PR.A - Post by User

Comment by JReynoldson Feb 16, 2011 8:33pm
171 Views
Post# 18147001

RE: RE: RE: RE: RE: AGF & TMX

RE: RE: RE: RE: RE: AGF & TMXYes, indeed it is a win-win situation for all of us, more participants in the market means more liquidity,... generally. At the initial phase, some effort needs to be put in though to understand the other market before going in. Some work may be involved if we are keen on the opposite field, but this work will pay-off in the long run. Are we saying here that there is a direct positive effect for FFN because FFN has The TMX Group as one of her holdings ?

FTN does not.
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