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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 > Dwindling dollar
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Comment by CDNINV1on May 15, 2024 11:04pm
79 Views
Post# 36042553

RE:RE:Dwindling dollar

RE:RE:Dwindling dollar I BELIEVE YOUR ESTIMATES OF A DROP IN THE CAD IS HIGHLY OVERSTATED. IF WE ADJUSTED THE EXCHANGE RATE TO .7649 WHICH IS HIGHER THAN THE 52 WEEK HIGH FOR THE CANADIAN $ OR UP 3 FULL CENTS THE NAV W/B $15.822. ALL BUT TWO BANKS FORECAST THE EARLIEST THE  BANK OF CANADA WILL CUT IS JULY24.
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