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 > FFN unit nav in realtime @ $17.82

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Post by mousermanon Nov 08, 2024 12:34pm

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Post# 36303468

FFN unit nav in realtime @ $17.82

My spreadsheet now has the gain at exactly a dollar since OCT 31 ,, massive gain in just 6 trading days. CAD holdings backing off and US Holdings bouncing up with the USD..
So the discount at 1$ equates to 12.7% discount. hard ot believe traders /investors dont see this as a great deal. If history actually means anything.... it is.
DFN getting buying today while the NAV drops and has all of a 30 cent gain since OCt 31..

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