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 > FFN ... Distribution

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Comment by mkqtraderon Feb 23, 2024 6:24pm

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Post# 35896643

RE:FFN ... Distribution

Transactions still need two days for settlement so if you buy them on the 28th you will miss the ex-div day, which is the 29th, since you will be on records only on the 1st of March. If you want to buy them, do it before the 28th. By the ay, if you buy them on the last possible day, you are going to pay them quite a lot more than you would have done last week or even today...

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