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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 04, 2024 12:31pm
117 Views
Post# 36118316

FFN unit nav in realtime @ $15.81

FFN unit nav in realtime @ $15.81 SO not much change , even tho most of the Canadian holdings are green. The falling USD affecting the top 6 US holdings the most. USB and FITB smaller holdings so less of an effect.
FTN faring a little better given it has only 6 US holdings  compared to 8 for FFN.
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