Bullboard - Stock Discussion Forum 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... see more

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North American Financial 15 Split Corp > Is there any prediction

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Post by Investability00 on Apr 14, 2022 10:42am

Is there any prediction

on where FFN is going, or might go ahead of next distribution, because I am still new to split funds. Thanks for any replies!

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Comment by EdPaquette on Apr 14, 2022 10:54am

My 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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Comment by 43andRetired on Apr 14, 2022 11:18am

I track the weighted holdings from Wells Fargo at the top, to US Bancorp at the bottom and my prediction is PileOfShits calculation tonite will be sub-15. I read that many US Banks disappointing earnings are due to less retail investmor revenue, which sounds like a longer term issue to me, keeping that sub 15 level for a while. The issue with this fund for me is that I believe a good deal of ...more

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North American Financial 15 Split Corp