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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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TSX:FFN - Post Discussion

North American Financial 15 Split Corp > FFN NAV

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Post by Pesyk1 on Jul 18, 2023 3:31pm

FFN NAV

what is the current NAV for FFN ?

163

Comment by mouserman on Jul 18, 2023 7:53pm

My spreadsheet says FFN gained the same amount as FTN , (30 cents) despite the lower UNIT NAV values. SO UNIT NAV for FFN is about $14.04 , and values the commons @ $4.04. Been a long time since FFN was above 4$ value for commons.

268

Comment by anubis44 on Jul 19, 2023 9:31am

Thank you for this timely update, mouserman. I bought in yesterday early in the morning, and am looking to ride this patiently.

74

Comment by 351Cleveland on Jul 19, 2023 9:44pm

What price is required for commons to start paying dividends again?

54

Comment by EdPaquette on Jul 19, 2023 10:34pm

351....selling price doesn't match nav because it's a closed end fund. Unit Nav must be 15.

90

North American Financial 15 Split Corp

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