Bullboard - Stock Discussion Forum North American Financial 15 Split Corp T.FFN

Alternate Symbol(s): FNCSF

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... see more

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TSX:FFN - Post Discussion

North American Financial 15 Split Corp > FFN unit nav to Feb 8 = approx $15.43

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Post by mouserman on Feb 08, 2023 4:32pm

FFN unit nav to Feb 8 = approx $15.43

So ended the day with a gain of about 28 cents since Jan 31 . CAD falling vs USD helped a bit.
Premium is now at 44 cents or about 8.1%. Both FTN and FFN have a premium under 10% here.

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Comment by EdPaquette on Feb 08, 2023 4:51pm

Looking back 3 years on the chart, FFN spends it's time at 6.75 when it pays the second month in a row. We're in the 3rd year of the presidential cycle, in winter the season of strength for the financial sector, it's a lock. Place bets under 6 and watch it go to 6.75.

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