North American Financial 15 Split Corp T.FFN

Alternate Symbol(s): FNCSF

Financial Services Asset Management

North American Financial 15 Split Corp. is a 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, the amount of which is fixed on an annual basis 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

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Post by mousermanon Oct 01, 2021 12:01pm

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Post# 33952519

FFN commons down, but value up nearly 10 cents today

So far today, my spreadsheet has 14 of the 18 stocks in FFN up, including 8 of the top 10.
US banks have rebounded the most , altho TD continues to have a strong week....up nearly 1.7% at this point.
A lot of the selling the past few days, was ex dividend date selling, which i was in on.
So rebuying today from $7.13 up to $7.16 for a nice little swing trade worth a few K$$$.

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