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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

Comment by JohnWalkeron Mar 11, 2020 6:22pm
74 Views
Post# 30795973

RE:90% of Canadians didnt change their holdings???

RE:90% of Canadians didnt change their holdings???
mouserman wrote: "A conversation with your financial advisor can help ensure you stay on track and have the plan that's right for you," added Ms. Dottori-Attanasio.


Hahahaha .... a financial advisor is the last place I would look to for advice right now. They will never tell you to short FTN or buy HFD.

Unfortunately most average Canadians are holding mutual funds. Your financial advisor is very likely to tell you it's too late or too expensive to get out. He'll tell you to hold tight and ride out the storm.


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