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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TSX:FFN - Post Discussion

North American Financial 15 Split Corp > FFN unit nav to May 7 = approx: $15.81

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Post by mouserman on May 07, 2024 4:31pm

FFN unit nav to May 7 = approx: $15.81

My spreadsheet showing a gain of about 31 cents since the update April 30th..
FFN commons trading at a nice discount here, and may be the short position holders are trying to protect their position and shake some shares loose.
Last trade @ $ 5.56 leaves the common shares trading at a 25 cent discount.Or about 4.3%

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