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North American Financial 15 Split Corp. Pref Shs T.FFN.PR.A

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.PR.A - Post by User

North American Financial 15 Split Corp. Pref Shs > FFN prefs vs FTN prefs
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Post by primo105on Jul 24, 2023 10:31am
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Post# 35554158

FFN prefs vs FTN prefs

FFN prefs vs FTN prefsHey mouserman,

Do you like FFN prefs much better than FTN prefs?  FTN has a slightly lower yield and redemption date is a year longer, but overall these are almost as good as FFN prefs?  Anything I am missing? TIA
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