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 to March 7 = approx: $15.35

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Comment by mousermanon Mar 07, 2024 11:48pm

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Post# 35922002

RE:RE:FFN unit nav to March 7 = approx: $15.35

CDNINV1 wrote: I have$ 15.20 as the updated number on FEB 29 as per https://www.quadravest.com/ffn-fund-features

February 29, 2024
NAV Pre-Distribution: $15.39
Distribution: .1925
NAV Net of Distribution: $15.20

I have only a gain of 19 cent to $15.39 at an exchange rate of 1.345895

Thanx for that. Did not update FFN new NAV obviously. So adding 8 cents to the unit NAV would make it $15.42. Feel better about some today now...lol

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