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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

Post by mousermanon Mar 17, 2021 2:15pm
125 Views
Post# 32817806

Fedspeak pressuring USD

Fedspeak pressuring USDso in a matter of a few minutes the USD went from gaining on CAD to resuming its slide down in value.
Doesnt make a whole lot of difference at this point , as we will see the NAV as at March 15 in a day or two. CAD was at .8015 USD on Feb 15th, and is just over .8039 at current. Up from .800 In the last 10 minutes...lol

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