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North American Financial 15 Split Corp T.FFN

Alternate Symbol(s):  FNCSF

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

Comment by BlueGuitar1on Dec 01, 2021 6:58pm
104 Views
Post# 34187660

RE:RE:Financial stocks bounce back

RE:RE:Financial stocks bounce backHey Mouserman, Thanks again for all your hard work calculating NAV and sharing with us.  I appreciate it as do many others.  I think what happened today at the end of trading was Fauci scared a lot of people and Pfizer and Moderna said that the old vaccine might not work on Omicron variant.  What I have heard from medical sites is that the Omicron variant does not cause serious illness especially if one has been double vaccinated already.  The virus is much more infectious but not more virulent so this is a plus because we will all get the infection but with milder symptoms.  This is the path to herd immunity.  This could be a huge buying opportunity imo but I prefer the safer split funds or ETF's.  Thanks again, Mouserman. 
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