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 > guess we'll wait to see what shakes out in may...

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Post by Vorsche948 on Apr 15, 2024 3:30pm

guess we'll wait to see what shakes out in may...

nothing but a sea of red on many fronts on all the north american exchanges. day traders probably had their fun on short'ing it today amongst all the glum news of war and such.
based on NAV calc at friday close i'd say it's definitely missed declaration unless by some chance they decide to move it by a day and the market bounces green tomorrow from today's bloodbath...

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Comment by Vorsche948 on Apr 15, 2024 4:11pm

might even still be hope after losing faith at the $4.86 low and bouncing back all teh way to $5.03 at close. probably puts NAV at either $15.07ish maybe $15.08? i'll let the spreadsheet gurus take the mic from here.

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North American Financial 15 Split Corp