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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

Post by spazzmanon Mar 14, 2011 4:27pm
403 Views
Post# 18283268

Bought today

Bought today Pulled the trigger today, could not turn down the yield >17%.  A am betting on the re-build of Japan will help kick start world markets including the US.  100's of billions of dollars will be spent and companies will be lining up to take part.  This economic stimulus should be good for FFN's portfolio of bank stocks?  comments?



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