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 > FFN Retraction, Redemption, and DD

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Comment by NoShoesNoShirton Nov 25, 2024 12:52pm

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Post# 36329403

RE:RE:FFN Retraction, Redemption, and DD

This is the best news on FFN lately. Navgod, mouserman, flamingogold, anyone else, can you confirm this possibility? If everyone is chickening out and I can buy this cheap, wow!

elonmuskrat247 wrote: Retracted shares can also be recirculated as per the September 2004 agreement. So, the retracted shares may be bought and resold by National bank and CIBC thus negating the need for consolidation or subdivision of shares, if there are buyers of said shares. We will see in December how this all shakes out.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?