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.

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North American Financial 15 Split Corp > Inflation comes in cooler yet again

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Post by Splitfundingon Jul 11, 2024 8:51am

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Inflation comes in cooler yet again

June’s consumer-price index rose 3% from a year ago, less than the 3.1% increase expected. Core prices, rose 3.3%. Economists had forecast the figure would hold steady at 3.4%. Month to month it was expected to rise 0.1% but instead it actually fell -0.1% Not a hugs change ofc but still good news for bank stocks.

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