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 > FFN unit nav in realtime FEB 28= approx: $16.24 before dist.

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Post by mouserman on Feb 28, 2023 1:18pm

FFN unit nav in realtime FEB 28= approx: $16.24 before dist.

So actually FFN has gained since i updated on friday , when i had it @ $16.20
So commons now have a value of about $5.06 after distributions , and really the US banks and the USD vs CAD are contributing the most to the gains. ONLY GS down after news yesterday and the last few weeks of shrinking its consumer business and credit systems.

Goldman Sachs Group Inc. GS -2.87%decrease; red down pointing triangle Chief Executive David Solomon said Tuesday that the bank is “considering strategic alternatives” for its consumer platforms business, which includes the specialty lender GreenSky and credit-card partnerships with Apple Inc. and General Motors Co.

Mr. Solomon made the comments while speaking at the bank’s investor day.

“I’ve certainly reflected a lot over the course of the last three years,” he said, referencing the bank’s consumer businesses. “There were some clear successes, but there were also some clear stumbles.”

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