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.

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North American Financial 15 Split Corp > FFN- NAV

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Comment by Splitfundingon Dec 13, 2023 3:55pm

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Post# 35782998

RE:RE:FFN- NAV

With interest rate cuts now clearly on the horizon the market just set an all-time high and bank stocks are still relatively undervalued compared to the market as a whole. The NAV is already closely approaching the magical 15.0 mark just after today alone. It only need a little more above that with the payout to the preferreds for the div to continue. Once it reaches that point which is posed to do shortly on this markets momentum there's going to be a wave of buying that will surge the price of ffn up massively - something it has ALWAYS done in the past.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?