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 > Retraction and Consolidation

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Comment by CDNINV1on Nov 15, 2024 5:45pm

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Post# 36315857

RE:RE:RE:Retraction and Consolidation

I believe Quadravest showed the average estimated number of units in the FFN Fund update. That number would be 58,287,992 if we use both Class A 57,992,092 / 2 + Prf A 58579,892 / 2, shown on dashboard which is not too far out ! I also believe that at October 31st the 15% Cash Weighting in the FFN Fund Update included Sale Proceed Dollars , not in addition to Cash Portion as the Dashboard is now showing. I think October 31st Dashboard Total Fund Value s/b updated to the Total Net Assets value on the FFN Fund update. Just my thoughts on our differences :)

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