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

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Post by CDNINV1on Jul 16, 2024 4:31pm

116 Views

Post# 36135526

CLOSING FFN unit NAV for Jul 16h = $16.42

NO CHANGE FROM MOUSERMAN'S 12:30 PM POST !!
A 33 CENT PREMIUM TO COMMON LAST TRADE OF $6.09.
UP 86 CENTS FROM $15.56 JUN 28TH NAV:.
EXCHANGE RATE 73.15 CENTS