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 > 16 of 18 holdings up for FFN, overall gain .8%

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Post by mousermanon Oct 01, 2021 12:41pm

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Post# 33952743

16 of 18 holdings up for FFN, overall gain .8%

SO in terms of pennies , the UNIT HAS gained about 13 cents, but for some reason the commons have lost 5 .... i guess a 19% yiled not attractive enough here. These stocks will come back even if we see a shorter term correction. Future will look very bright once the negatives are taken out of the equation. ( COVID, unemployed number, debt ceiling.... inflation.....)

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