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

<< Previous

Bullboard Posts

Next >>

Post by mousermanon Nov 20, 2024 4:41pm

98 Views

Post# 36322564

Dashboard in line with spreadsheet

My spreadsheet has the UNIT NAV losing 16.4 cents from NOV 15th numbers which puts the Value of the commons @ $8.046 before dsitributions. We will factor in distributions when ex divvy date gets closer. Discount is about 56 cents at this point with the last sale @ $7.48 or about 6.95%

<< Previous

Bullboard Posts

Next >>

Here are three global stocks you should watch