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.

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North American Financial 15 Split Corp. Pref Shs

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Comment by JReynoldson Mar 18, 2014 10:37am

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Post# 22335454

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Termination Date

Looks like they do listen to investors (my strong persuasion), for instance... Below ann't was made 11 days ago...

Financial 15 Split Corp. II (the "Company") today announced that a special meeting of shareholders will be held at 12:00 p.m. (Eastern standard time) on May 14, 2014.
Read more at https://www.stockhouse.com/news/press-releases/2014/03/06/financial-15-split-corp-ii-special-meeting-announcement#F1WCEMRPoX7e0Dew.99

The special meeting to extend FTN is also scheduled to be on the same day, but to start half an hour earlier. I recalled mentioning somewhere in this thread in the past that it would certainly be cost- and time- efficient for them to hold a meeting on the same day to extend both FTN and FFN.

Well, OUR WISH CAME THROUGH. I'm voting YES to the extension, otherwise, it would have been a huge waste of time for me to persuade the management to have both meetings on the same day and settle this matter.

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