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

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North American Financial 15 Split Corp > FFN shows slight changes to the weightings.

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Post by mouserman on Apr 05, 2023 9:27am

FFN shows slight changes to the weightings.

So a bit of a minor shakeup in the holdings. Biggest move down was in Citigroup, as they dropped down a few spots in the weightings. Outside of that nothing major changed.

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Comment by AnEducator on Apr 05, 2023 11:18am

I don't see the March update posted as yet, MM. Where did you find this information? You're always the first to post this information which is really appreciated!

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Comment by Nakate on Apr 05, 2023 1:57pm

no its more of a rebalance to bring the number of class A shares down to the same amount as the preferred's, so for every 1 share you have now you will be issued 0.867 shares, I'm not sure what the share price is going do do since the nav and the trading price are not even close.

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North American Financial 15 Split Corp