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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

North American Financial 15 Split Corp > guess we'll wait to see what shakes out in may...
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Post by Vorsche948on Apr 15, 2024 3:30pm
209 Views
Post# 35990090

guess we'll wait to see what shakes out in may...

guess we'll wait to see what shakes out in may...nothing but a sea of red on many fronts on all the north american exchanges. day traders probably had their fun on short'ing it today amongst all the glum news of war and such. 
based on NAV calc at friday close i'd say it's definitely missed declaration unless by some chance they decide to move it by a day and the market bounces green tomorrow from today's bloodbath...
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