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.

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North American Financial 15 Split Corp > Money definitely moving into FFN

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Post by mousermanon Feb 19, 2021 10:03am

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Post# 32608510

Money definitely moving into FFN

Up nearly 5 % as i watch this morning, and the UNIT NAV certainly not gaining that much.
Strange that FTN is even....but i suppose its the huge yield on FFN ( now round 22%) that is attracting all the attention. I got another ask lot taken out at 6.30, like taking candy from a baby...maybe throw more into FTN....

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