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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 > Cat's Out Of The Bag
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Comment by Eoj123on May 17, 2022 5:46pm
116 Views
Post# 34690571

RE:RE:RE:RE:RE:RE:Cat's Out Of The Bag

RE:RE:RE:RE:RE:RE:Cat's Out Of The Bag
DOOMSDAYE wrote: THE ONLY PROTECTION FFN.PR.A HAS IS FFN STAYING ABOVE 0 .....GENIUS LOL

The commons are a far cry from zero NAV so no worries for the preferreds but the divy for the commons is definitely in question plus even with no divy they pick up the tab for the MER. And maybe you can take your Caps Lock off and stop shouting
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