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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

North American Financial 15 Split Corp > Exdivvy date profittaking and maybe overvalued ...
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Comment by alkhoron Feb 25, 2021 1:24pm
98 Views
Post# 32659319

RE:Exdivvy date profittaking and maybe overvalued ...

RE:Exdivvy date profittaking and maybe overvalued ...Still, income investors are buying FFN for the 20+% return. There is a good chance the divvy will remain for the foreseeable future.

I bought at $3,75 and I am wondering when to sell. It is concievable this will climb to $10 so when do I take my profit, remembering I am getting over 11 cents a share per month while I wait.

Mouserman, you're posts have been great, please keep up the outstanding work.
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