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 > At first glance at the weightings

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Comment by mousermanon Nov 11, 2024 9:13am

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Post# 36306320

RE:RE:RE:At first glance at the weightings

WattDoINo wrote: Pondering ....

Using Quadravest October 31st 2024 FFN and FFN.pr.a Fund Update data I calculated equal number of 58 342 859 shares out for FFN and FFN.pr.a each, (Dividing $ Market Cap. by share price fom the Market Data Section Upper right of the fund Update Sheet). This is bizzare and most unlikely.

Maxjac's Dashboard indicates 55 338 392 shares of the commons and 57 232 192 shares of the preferred at the 31st.

Any additionnal colour regarding the dashboard shares out numbers would be appreciated.

Happy trials !

Those 2 million commons commons were probably retracted prior to Monthend .. Had to be done before OCt 31... if you wanted to get in on the retraction play before the election.

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