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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 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

TSX:FFN - Post Discussion

North American Financial 15 Split Corp > Split fund discounts are partially due to ignorance
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Post by Splitfunding on Apr 04, 2024 12:13am

Split fund discounts are partially due to ignorance

A big reason for the discount has been made abundantly clear after today, a day in which the holdings moved little but the stock was up significantly - It's because many investors are clearly(and shockingly) unaware of the NAV. Once quadvravest published the Pre-Distribution NAV figure FFN shot up. Investors really need to do a better job of keeping themselves informed on the value of their holdings and Quadravest should be posting the numbers more often as well. 
Comment by WattDoINo on Apr 04, 2024 7:47am
FFN and all splits funds shares prices change like all other stocks, i.e.; based on sentiments not intrensic value.
Comment by navgod on Apr 04, 2024 8:22am
Split Fund premiums are also due to ignorance