North American Financial 15 Split Corp T.FFN

Alternate Symbol(s): FNCSF

Financial Services Asset Management

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

North American Financial 15 Split Corp > Another pullback is likely.

<< Previous

Bullboard Posts

Next >>

Comment by mdoldonon Jun 01, 2022 10:49am

189 Views

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.

<< Previous

Bullboard Posts

Next >>

Nintendo stock hits new all-time high as excitement builds over Switch successor