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 > FFN unit nav to Nov 10 = Approx: $15.09

<< Previous

Bullboard Posts

Next >>

Post by mousermanon Nov 10, 2022 7:20pm

577 Views

Post# 35090119

FFN unit nav to Nov 10 = Approx: $15.09

So my spreadsheet has FFN gaining 51 cents since the OCT 31 update. US banks had a VERY strong move , despite the CAD rocking up over 2 % since the monthend update.
FFN commons now have a value of $5.09 and have a really good chance of making a payday for the commons and may be the first time in a while.

<< Previous

Bullboard Posts

Next >>

Investor’s corner: Solving chronic pain in dogs – A significant market opportunity