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.

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North American Financial 15 Split Corp > Surprise

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Comment by mousermanon May 05, 2022 3:00pm

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Post# 34659674

RE:Surprise

Well you can actually try and predict if you like. AND i am saying FFN will go down more , before it bounces back up. Will be a good buy at around $4.50 . Correcting markets again today, are suggesting to me that the next several weeks will be more down than up. There are several good split funds that pay a decent yield that might survive this down turn, paying to commons without a huge capital loss, BUT FFN is not one of those.

Investability00 wrote:
it's up 2.5 percent but 9 out of 10 of my stocks are up also. I don't own lots of FFN so not worried. You can't predict if the NAV will stay down or come back up unless you are a time traveler LoL.

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