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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 > Don't sell FFN, buy more.
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Comment by NoShoesNoShirton Nov 27, 2024 5:06pm
182 Views
Post# 36334538

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Don't sell FFN, buy more.

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Don't sell FFN, buy more.I was the one who wrote the headline,  but that was before I knew about how the retraction might screw us. Holy uncertainty, I sold my stake here. Way too risky for me. Thanks navgod for pointing out the possibility.  Maybe I'll be back in a few weeks. 
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