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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

Comment by Investability00on Nov 10, 2022 11:29am
223 Views
Post# 35088581

RE:FFN UNIT NAV IN REALTIME= approx: $14.95

RE:FFN UNIT NAV IN REALTIME= approx: $14.95
mouserman wrote: So despite the huge jump by the CAD of alte, FFN has still managed a 37 cent gain since OCt 31 and now very close to the 15$ threshhold for paying. Trading just right around its NAV...


... Thank you, indeed that is close, and still more time to get the NAV over $15.00 . There can still be some serious buying here ;)
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