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 > Financial stocks bounce back

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Comment by mousermanon Dec 01, 2021 4:40pm

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Post# 34187173

RE:Financial stocks bounce back

Well that didnt take long to reverse course.... USD back well above the CAD again..... and the US banks backed off end of day. Picked up 4 k today, as i thought the worst of the selling was over. Not even really sure what spooked the markets... maybe just bigboys shaking out the weakknees , not sure. For sure it is a traders market, and be in cash at the end of the day. I am not... was busy today and didnt watch the last few hours.

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