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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 preferreds have done well
View:
Post by mouserman on Jan 09, 2024 2:39pm

FFN preferreds have done well

Unfortunately i got out once they moved up past the 10$ amount guaranteed on termination date of FFN  in Dec 2024.
But not a bad hold, even if interest rates do go down ( not a given). Quadravest will only adjust the rate  up or down once annually, in december i believe.
Comment by tinkvid on Jan 09, 2024 2:56pm
SPLT still buying ALL prefs, even ffn and ftn above 10.07 I have piled into BK and DFN preffs.
Comment by Justreality on Jan 09, 2024 11:36pm
good info just wondering what web site do you go to to see the buying  thanks