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 > US holdings getting hit the hardest

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Comment by Stoiklaughon Dec 17, 2024 2:23pm

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Post# 36366693

RE:US holdings getting hit the hardest

It could be acombination of different factors that is pointed out in different boards...

Fed tomorrow,
December sell off
Canadian Gvt turmoil
Low volume perfect for short sharks...

I am taking a Beating today but still hopefull with fed decision, and maybe some div annoucement impact on friday or monday

Also we will have some NAV updates from Quandravest and Brombton coming soon I think.

Still a rough day for splits!

GLTA

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