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

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North American Financial 15 Split Corp > ffn

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Post by Pesyk1 on Dec 02, 2024 1:58pm

ffn

I have completely exited my ffn position for the first time in 3 years . Will wait on sidelines to see what happens with retraction and its impact on NAV.

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Comment by Inglewood on Dec 02, 2024 2:36pm

I did the same a week ago, and moved it all into FTN.... Will be interesting to see what happens. If there is a significant reduction in NAV per common share, will we see a mass exodus? Will people drop FFN and move into FTN, like we did? Or will they say the hell with Quadravest all together?

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North American Financial 15 Split Corp