North American Financial 15 Split Corp. Pref Shs T.FFN.PR.A

North American Financial 15 Split Corp. is a 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, the amount of which is fixed on an annual basis 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.PR.A - Post by User

North American Financial 15 Split Corp. Pref Shs

Bullboard Posts

Post by JReynoldson Mar 11, 2011 5:59pm

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Post# 18273808

The proper thinking towards this counter

Somehow, I am begiining to form the thinking that stoks like FFN and FTN need not be evaluated too rapidly and too vigourously on its NAV. The NAV report comes out every 15 days. So, the SP will react quicly before anybody can put in an action, more so for retail investors like us.

The only reason we need to give ourselves to stay in this stock is that the US economy is definitely on an uptrend, and we stick to that reason, and hence to this counter loyally. We sell the day our thinking tells us otherwise about the US Economy.

I think the above should be the proper thinking.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?