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 > Question - Covered Call EFTs

<< Previous

Bullboard Posts

Next >>

Comment by Bigalexon Dec 30, 2022 1:33pm

160 Views

Post# 35197345

RE:Question - Covered Call EFTs

If you refering to the BMO Z sries (zwu, zwb, zwc) the risk is with highly volatile market where their covered call ( shares) would be bought and slow down profits.

That's the only reason i'm buying preferred shares now instead of covered call etf , and the tield is higher with ffn/FTN.pr. :)

<< Previous

Bullboard Posts

Next >>

Golden Minerals closes Yoquivo gold-silver project sale