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Bullboard - Stock Discussion Forum 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... see more

TSX:FFN - Post Discussion

North American Financial 15 Split Corp > FFN unit nav to AUG 18= approx: $ 14.90
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Post by mouserman on Aug 18, 2022 5:41pm

FFN unit nav to AUG 18= approx: $ 14.90

FFN has gained 7 cents since the update on the 15th. Not trading at much of premium , and approaching the 15$ threshhold.
Will we see the dreaded September pullback, when the brokers and traders  get back from summer holidays?
Comment by StratCap on Aug 19, 2022 2:09pm
The september pullback could be a reality with the FED and BoC increasing interest rates again. .75% could be on the docket even though inflation may have flattened.  Could set up for nice buying opportunity for FFN. 
Comment by Investability00 on Aug 22, 2022 10:52am
At this point I'm wondering what the NAV is today. Maybe mouserman will chime in today. It looks like a nice discount at $4.69
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