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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.


TSX:FFN - Post by User

North American Financial 15 Split Corp > Short position
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Comment by mousermanon Apr 19, 2023 6:37pm
191 Views
Post# 35404036

RE:Short position

RE:Short positionYes , they only give us the numbers twice a month, and by the time we get them 4 trading sessions can have  occurred before we see the numbers . 
It seems the FEd and big banks have papered over the problems for now, but many are saying we will see more cracks in dike, when the FED raises the interest rates again. Warrne Buffet amongst those saying there is still some problems with underwater sovereign debt bonds.
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