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 > Why did the US banks just turn red?

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Comment by kurtwalteron Jul 18, 2024 1:22pm

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Post# 36138677

RE:RE:Why did the US banks just turn red?

FFN can be quite volatile - usually starts mornings on a negative note, recovers later. NAV of my mock portfolio is only down 1.4%, so FFN down 3% earlier in the day is an overreaction. Now down 1.79% at 1:22 pm

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