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.

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North American Financial 15 Split Corp. Pref Shs

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Comment by jjmaxon Mar 19, 2011 11:24am

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Post# 18310161

RE: RE: RE: Great news for FFN

Good advice Spazzman.

When times are good one thinks yeah no problem but when the shyte hitta da fan i don't seem to be so stoic.
It does represent 11% of my portfolio so a hit would definitely be felt but being in the banking sector which has recently been through a 100 yr crash event hopefully won't happen again in the near future.
But in the stock market you never know when a tsunami will hit.
..
Good comments, Thanks

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