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.

TSX:FFN - Post by User

North American Financial 15 Split Corp > Dashboard potential issue - Dec 5, 2024

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Comment by navgodon Dec 08, 2024 5:04am

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Post# 36351414

RE:RE:RE:Dashboard potential issue - Dec 5, 2024

Discount to NAV has got to the point where I feel comfortable reestablishing some of my position in FFN. Leaving FTN.pr.a alone but adding to other pref holdings. No clarity on anything -- tis the season and the Quadravest way. GLTA

AwesomeMatthews wrote: I'm surprised you bought back in so soon, I thought you would wait until there is more clarity in regards to the rebalancing of the fund , we haven't got any info on how it affests the pre. shares as of yet have we?

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