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.

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North American Financial 15 Split Corp

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Post by CDNINV1on Apr 15, 2024 5:49pm

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Post# 35990439

Closing Est FFN unit nav for April 15 = $15.306

I have a drop of 4.5 cents for 52143.270 million shares o/s, from April 12 th estimates close of $15.351. A drop of 62 cents from Mar 28th Quadravest Fund update plus 2.6 cents of dividends receivable from JPM, BNS, & TD earned in the first half of April. A net change of 59.4 cents since March 28th.

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