North American Financial 15 Split Corp T.FFN

Alternate Symbol(s): FNCSF

Financial Services Asset Management

North American Financial 15 Split Corp. is a 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, the amount of which is fixed on an annual basis 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 unit nav to DEC 3 = approx: $18.17

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Post by mousermanon Dec 03, 2024 4:23pm

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Post# 36343743

FFN unit nav to DEC 3 = approx: $18.17

Showing a loss of 11 cents in my spreadsheet since NOV 29. and that jives very close with the dashboard. Last trade for FFN was @ $7.34 and the NAV of the commons @ $8.17 leaves a discount of 83 cents or about 10.1 %.. before any adjustments for retraction.

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