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Bullboard - Stock Discussion Forum North American Financial 15 Split Corp 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... see more

TSX:FFN - Post Discussion

North American Financial 15 Split Corp > Short is still the play on FFN
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Post by mouserman on Jun 30, 2022 9:55am

Short is still the play on FFN

For those who believe this will quickly bounce back and start paying, shorting the stock as hedge will pay much better than averaging down. JMHO tho... paying a premium for a split fund common  that is this far underwater is ludicrous.
Comment by Eoj123 on Jun 30, 2022 10:36am
Also, FFN.PR paying almost 7% is a very good place to hide
North American Financial 15 Split Corp