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 > NAV September 15

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Post by AnEducator on Sep 15, 2023 4:35pm

NAV September 15

~$13.83. Discount on capital shares: ~$0.22.

The U.S. banks were negative all day whereas the Canadian financials were solidly in the green. The Canadian dollar was little changed.

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Comment by mouserman on Sep 15, 2023 4:43pm

I had the exact same number , was just going to post it. FFN not as good a buy as LFE ... i like the CAD lifecos better than the US banks....LFE discount is bigger and UNIT NAV at least 40 cents higher than FFN .

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North American Financial 15 Split Corp