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 > Dashboard Up to Date with New Weightings

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Comment by shortstoryon Oct 07, 2024 1:24pm

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RE:RE:RE:Dashboard Up to Date with New Weightings

Thanks maxjac....That is the same logic I was following ......but I used the $10.20ish actual trading price of the preferred FFN.PR.A instead of the $10.00 "repayment value"
....Always nice to see some green in the equation........even theoretical green........LoL....

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