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 > Another pullback is likely.

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Comment by mdoldonon Jun 01, 2022 10:49am

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Post# 34723213

RE:Another pullback is likely.

As a semi informed amateur only, a long time out of Economics 101, I admit I'm unclear on their logic. Yes, in a 'normal' inflationary cycle raising rates will discourage spending, thus lowering inflationary pressure. But this is NOT a normal inflationary cycle, this is a freak event brought about laregly by pent up demand because of a once in a lifetime 2 yr economic shutdown. I'm not at all convinced that raising rates is the solution. It could very well be a big mistake.

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