North American Financial 15 Split Corp T.FFN

Alternate Symbol(s): FNCSF

North American Financial 15 Split Corp. is a Canada-based 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 in the amount of over 5.5% annually 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 - Post by User

North American Financial 15 Split Corp

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Comment by JohnWalkeron Mar 10, 2020 10:25pm

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Post# 30791415

RE:Market road ahead

In my opinion the primary reason for the "over-reaction" is the fact that we have smart phones and social media now which was not a factor during SARS.

Personally though, I take this one much more seriously than SARS because I have now entered into the high risk group - - age 65+ with multiple co-morbidities. When SARS struck I was a lot younger and healthier.

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