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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 Inglewoodon Jul 16, 2024 12:35pm
112 Views
Post# 36134920

Another 20 cent jump in NAV?

Another 20 cent jump in NAV?Looks like things are coming back down after the intense run up this morning... hopefully we can close with a 20 cent jump in NAV.. which would put us at what, somewhere in the mid 16.30s for NAV.. 

Really hope the share price catches up to NAV! These discounts are getting big!
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