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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 > Logic has left the building
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Comment by alkhoron Apr 14, 2021 2:40pm
144 Views
Post# 32994086

RE:Logic has left the building

RE:Logic has left the buildingDF has to be the worst of the Quadravest funds. It seems to rarely pay a dividend and is normally stuck below $5. I bought FFN at $3.75 because it has a history of normally paying the dividend, a very good purchase and now I'm stuck wondering whether to sell it at a very good gain or keep it and continuing getting the dividend. I doubt I can lose either way.
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