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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

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Post by AnEducator on Dec 14, 2023 4:54pm

NAV December 14

~$14.93. Discount on capital shares: ~$0.42. We are ~0.47% away from payment status.

If it had not been for the strength in the CAD, we would actually be in payment territory, but the USD generally trades opposite to the direction of the markets.
Comment by Tradethisstock on Dec 14, 2023 6:45pm
Yes we are so close from a distribution, but this beast went to high to fast.... I think some trader will take profit at the opening tomorow morning.... Hope I'm wrong I'd like to get back my Master distribution soon...
Comment by Higherhopes2020 on Dec 19, 2023 12:13pm
What is the realime NAV today
Comment by NoShoesNoShirt on Dec 19, 2023 1:35pm
I do believe that we've crossed the Rubicon.  Should pay.  But wait for mouserman or aneducator to confirm. 
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