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

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Comment by Jack256on Jul 25, 2019 12:47pm

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Post# 29959754

RE:RE:FFN UNIT NAV at 15.80 to JULY 24

novascotian2014 wrote: GOOD DAY EVERYONE..i Been trying to find how they Come up with the NAV on these Split Stocks..is there a Site i can go too , where i can Read or understand on how the Calculatethe NAV Value..any Help Please..

I believe YBR gave a fairly good explanation on the FTN board just a couple days back after you asked the same question there. But I suggest reading it all for yourself here. https://docs.wixstatic.com/ugd/78f11d_aa30964beb7a4d40b1914a7baaaf37a3.pdf

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