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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

TSX:FFN - Post Discussion

North American Financial 15 Split Corp > NAV prefs moving up again
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Post by flamingogold on Apr 26, 2024 4:07pm

NAV prefs moving up again

Today was the last day to buy to capture the distribution and finished up nicely. The prefs have been a great hedge against the fight on inflation with higher rates for longer. I recently trimmed my exposure and added to BK which has so far worked out, but will not exit the position completely until rates begin to drop.
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