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North American Financial 15 Split Corp T.FFN

Alternate Symbol(s):  FNCSF

North American Financial 15 Split Corp. is a 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, the amount of which is fixed on an annual basis 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

Comment by NoShoesNoShirton Sep 28, 2024 10:26am
164 Views
Post# 36245281

RE:RE:RE:Sept 27th FFN dashboard working properly?

RE:RE:RE:Sept 27th FFN dashboard working properly?Yes, the best bargains in the split world are just after exdiv.   But in exchange,  you take on the risk of a general  pullback while you own it.  And interestexpenses if you'reon margin.
Stoiklaugh wrote: Haahhaha, exactly, it looked TOO good to me... 

Added some, hopefully SP will climb back to NAV real sooon..

Thanks for the reply!

GLTA


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