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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 mdoldonon Dec 02, 2021 12:20pm
114 Views
Post# 34190582

RE:RE:RE:RE:RE:RE:Black Friday Stock Market Sale

RE:RE:RE:RE:RE:RE:Black Friday Stock Market SaleI am not a scientist, but I don't see any likelihood of a full lockdown unless, as you say Omicron completely evades the vaccines.  We can now say that does not appear to be the case, at least in the labs (my wife works in a related field, so has been involved in extensive meetings this week concerning developments with the variant, but it is a very fast moving situation) and in any event, because of the way that mRNA vaccines work, it is much simpler and quicker to get a new vax out than the first was. A much reduced trial period, plus switching over the production lines is very quick in comparison to building up the initial plants, apparently)

My biggest regret of the last 15 yrs investing was NOT being liquid in spring 2020. If i had sold out EOY 2019, and then bought back in Mar with exactly the same weights I was holding in Dec, I'd be sitting on almost 50% more than my actual (still very acceptable) results obtained by mostly sitting and holding through the crash (only reinvesting dividends). 

But I guess we'd all be flying our own penis rockets to the moon if we had perfect 20/20 hindsight.
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