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 > Getting to my LOAD zone

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Post by holyearthon Mar 20, 2023 9:01pm

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Post# 35350236

Getting to my LOAD zone

American here, I have a bunch at $3.50 average basis. Am beginning to add more on this "panic." It's creating another buying opportunity. May not get below $4 this time around. The closer to $4 the more I buy. Looking to get to about a cool 50,000 shares. Need to retire and have this thing pay me monthly. Fed will not allow banks to collapse. Keep an eye out for further trouble among the credit card sector as I am seeing that credit card debt is peaking....AMEX and others heavy in that industry may get chopped....our main banks like Wells Fargo, Chase, etc I see no issues.....

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