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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...
of over 5.5% annually and to pay the holders of the preferred shares a certain price per preferred share on or about the termination date. Its investment objectives with respect to class A shares are to provide holders of class A shares with regular monthly cash distributions and to permit holders to participate in all growth in the net asset value of the Company for a specific price per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying a specific price per preferred share. Its investment manager is Quadravest Capital Management Inc.
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TSX:FFN - Post Discussion
North American Financial 15 Split Corp
> For the bank bears
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•••
flamingogold
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Post by
flamingogold
on Jun 26, 2024 7:25pm
For the bank bears
Federal Reserve says all 31 banks in annual stress test withstood a severe hypothetical downturn
https://www.cnbc.com/2024/06/26/fed-banks-stress-test-2024.html
(5412)
•••
mouserman
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Comment by
mouserman
on Jun 27, 2024 4:21pm
Hmmm 31 only, what about all the regional banks ready to go under from CRE debt..?? https://www.risk.net/risk-management/7959537/house-of-cards-the-3-trillion-non-systemic-real-estate-risk
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