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

Comment by navgodon Feb 07, 2018 3:16am

32 Views

Post# 27516877

RE:My NAV calc for FFN

To calculate the impact on NAV you must use the full unit NAV for example FFN 's unit NAV is 18.35 so the impact of 91% of 4.8 is .81 not .37! Come on Mouserman I thought you were on top of these things

Bullboard Posts

Sirios Resource discovers visible gold in Quebec