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 > Volatility in markets

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Comment by mousermanon Nov 11, 2021 12:28pm

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Post# 34115462

RE:RE:RE:RE:Volatility in markets

BlueGuitar1 wrote: Thanks again Mouserman. So how would you rate FFN now? Buy, Sell, Hold. Thumbsup!

FFN still a decent buy.. or for some HOLD..
I did take some of the table ,as I had too big of a weighting in FFN.
I did however take some profits from my MMP.un investment and rebought FFN today at 7.51 , as the resurgence of the banks in the US combined with the huge drop in CAD, shows the premium shrinking big, especially for a fairly safe fund with a ultra -high yield for commons at over 18%

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