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

Financial Services Asset Management

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 anubis44on Oct 11, 2018 1:14pm

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Post# 28782219

RE:RE:No doubts about a short attack

@navgod: Thank you for your concise, well-reasoned reply. I was guilty of paying some of that premium. I bought on what I thought was a dip, but what was really only the beginning of a larger downturn. However, I did not panic, and am going to continue to hold the shares, as I do believe the fund will continue to maintain their payout. Banks/financials in the funds should continue to do well with higher interest rates, so therefore, so should the fund itself.

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