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 > Dwindling dollar

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Comment by Splitfundingon May 15, 2024 9:38pm

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Post# 36042451

RE:Dwindling dollar

Beautiful, yet another tailwind for FFN due to it's higher allocation of American bank stocks compared to other splits.

Also, keep in mind that the above estimates are smoothed-out projections. In reality, once the BOC cuts interest rates before the FED does the impact will be IMMEDIATE and SUBSTANTIAL. CAD will drop like a rock.

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A junior copper-gold stock trading at a bargain of monumental proportions