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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 unit nav in realtime @ aapprox; $16.42
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Post by mousermanon Jul 16, 2024 12:34pm
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Post# 36134918

FFN unit nav in realtime @ aapprox; $16.42

FFN unit nav in realtime @ aapprox; $16.42Showing a gain of 26 cents since yesterdays numbers. I used my estimate for UNIT NAV to the 15th which could be out a few pennies, but will be able to correct it easily once the actual number is posted.
FFN last sale was @ $6.06 and a big discount happening at this point in time, as some are hesitant to buy as the US banks may pullback once common sense kicks in.
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