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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 Donwaanon Sep 13, 2024 6:40pm
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Post# 36223274

Largest U.S. banks will catch a break

Largest U.S. banks will catch a breakfrom Feds capital-rule changes. The largest U.S. banks will benefit from the Federal Reserves upcoming changes to its capital-requirement proposals to bulk up balance sheets for potential systemic problems, KBW analysts said.https:www.marketwatch.com/story/largest-u-s-banks-will-catch-a-break-from-feds-capital-rule-changes-kbw-says-06977d27?mod=home-page
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