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 mousermanon Nov 18, 2024 1:18pm

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Post# 36318263

RE:RE:RE:RE:RE:RE:RE:Retraction and Consolidation

Actually last update to friday, my spreadsheet was suddenly exactly the same as yours, but i did note the change in dashboard at the bottom. New share proceeds , actually makes the UNIT NAV drop depending on where those shares were purchaes at.. more shares diluting the UNIT NAV..

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