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.

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North American Financial 15 Split Corp > FFN in green numbers for commons

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Comment by flamingogoldon Mar 17, 2023 11:40am

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Post# 35345080

RE:RE:RE:FFN in green numbers for commons

That depends on one's time horizon. If one is trading by minutes or hours then this is likely a bad buy. But, if the time horizon is a few months, then a buy around the $3.60's would be a good bet to start.

A GFC Part 2 is not going to happen. The FED wants inflation down and we are getting it right now (oil is cratering), but they will not sacrifice the financial system nor alllow systemic contagion either to achieve it.

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