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 > FFN unit nav to April 23 = approx; $15.82

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Post by mousermanon Apr 23, 2024 4:32pm

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Post# 36003973

FFN unit nav to April 23 = approx; $15.82

I see i have the NAV lower than the other folks here, and not sure where we have 3 cents different. I used the CAD exchange on the USD on 15th of April @ 72.56.. but it was volatile and different sites have a different close.
There were no holdings going exdivvy since the 15th, so nothing to add in yet. RY and BMO will go
ex divvy this week,, but i dont adjust the NAV until that date for each holding.

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