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.

TSX:FFN - Post by User

North American Financial 15 Split Corp > FFN unit nav in REAL time @ approx; $15.32

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Comment by flamingogoldon Feb 23, 2024 11:05am

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Post# 35895607

RE:RE:RE:FFN unit nav in REAL time @ approx; $15.32

A bull market that lasts 4 years? I'd love it but highly doubt it. Expect corrections along the way, which are normal for healthy markets.

Higherhopes2020 wrote: At current price we are getting 26% yield. If it holds above $5 we will get our investment back in 4 years!. Today at real time it might have added another 10 cents?

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