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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 > Saudi 's end petrodollar agreement with the US
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Comment by navgodon Jun 16, 2024 7:33am
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Post# 36090966

RE:RE:Saudi 's end petrodollar agreement with the US

RE:RE:Saudi 's end petrodollar agreement with the US
Donwaan wrote: With the deal's expiration, Saudi Arabia is now free to sell oil for currencies like yuan, euros, rubles, and yen, and is considering digital currencies like Bitcoin. This shift may accelerate the trend of using alternative currencies for international trade, potentially weakening the US dollar's global dominance. A decline in global demand for the dollar could lead to higher inflation, interest rates, and a weaker bond market in the US, reflecting a significant change in global financial dynamics. https://www.indiatoday.in/business/story/us-saudi-arabia-petrodollar-deal-history-significance-what-is-it-2553088-2024-06-14

I always go to indiatoday for all my breaking financial news!
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