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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 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 - Post by User

Comment by EdPaquetteon Apr 14, 2022 10:54am
150 Views
Post# 34603727

RE:Is there any prediction

RE:Is there any predictionMy dispassionate take is the bad news of new taxes is already baked in and banks will rise, but investment is very passionate. Ask yourself how you will feel if ffn drops a bit and stops paying?  Then a missed payment causes the sell price to drop 40%?  Sell!!!!!
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