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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 > FFN dropped 0.5% today, only because of a drop in US banks
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Comment by Splitfundingon May 20, 2024 6:00pm
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Post# 36049125

RE:FFN dropped 0.5% today, only because of a drop in US banks

RE:FFN dropped 0.5% today, only because of a drop in US banksI'm not worried, look what happened the last time the stock had an reactionary sell off - JP was down 7% on Apr 12 a larger sell off than today, when Dimon litterally told investors the EXACT SAME THING - NO BUY BACKS at current prices.

Just over one month later the stock was trading at all time highs, smh. 
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