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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

Post by mousermanon Oct 15, 2024 1:33pm
158 Views
Post# 36266670

FFN unit nav gain since Sept 30 at 80 cent.

FFN unit nav gain since Sept 30 at 80 cent.SO that is the same gain that FTN has had, but from a much higher unit nav.
FFN looks to be the biggest gainer in Quadravest's splits from Sept 30... LFE has been the leader for the past couple of months. Slower gains this month so far, but LFE still up  44 cents since that date.
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