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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
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Post by mousermanon Jul 01, 2024 3:44pm
108 Views
Post# 36113563

Canadian market closed but FFN holdings having a good day

Canadian market closed but FFN holdings having a good daySO far the USD has gained about .42 % on the CAD, and this adds to the gains in the US holdings.
GS, JPM , MS and  WFC  all having very good days, with the gains above 2% when the exchange is fiugred in. FITB, UBS and C are down, but not a lot , and none are a top 5 holding. BAC is up about .6 % with the exchange today.
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