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 > Some green in FFN holdings and USD big gains vs CAD

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Post by mousermanon Jun 17, 2022 12:03pm

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Post# 34764790

Some green in FFN holdings and USD big gains vs CAD

SO FFN may be moving up today, but in no way does it make up for the losses since MAY 31...
Might see a selloff to end the week as traders try to lock in some profits, altho shortsellers now might cover and take some profits. No need tho to worry about having to pay commons distributions if you are short.

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