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 > FFN unit NAV drops to $16.77 after distributions to Nov 29

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Comment by JohnWalkeron Nov 30, 2021 5:49pm

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Post# 34182513

RE:RE:RE:RE:FFN unit NAV drops to $16.77 after distributions to Nov 29

EdPaquette wrote: I thought they might charge $50/month or something. Let me know if they ever do charge anything.

No monthly maintenance fees as far as I am aware and I grilled their account rep with all kinds of questions before applying. If I have any surprises I'll let you know.

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