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 > For the bank bears

<< Previous

Bullboard Posts

Next >>

Comment by mousermanon Jun 27, 2024 4:21pm

46 Views

Post# 36109625

RE:For the bank bears

flamingogold wrote: Federal Reserve says all 31 banks in annual stress test withstood a severe hypothetical downturn

https://www.cnbc.com/2024/06/26/fed-banks-stress-test-2024.html

Hmmm 31 only, what about all the regional banks ready to go under from CRE debt..??
https://www.risk.net/risk-management/7959537/house-of-cards-the-3-trillion-non-systemic-real-estate-risk

<< Previous

Bullboard Posts

Next >>

Nextech CEO provides company update on Amazon deal and more