RY 163.32 -1.5611% SHOP 130.39 -4.7275% TD 87.25 -0.354% ENB 64.015 -0.7827% BN 72.95 -1.6979% TRI 254.46 -0.1021% CNQ 38.915 -4.0321% CP 99.68 0.0401% CNR 131.95 -1.124% BMO 130.74 -0.8419% BNS 68.19 -0.4961% CSU 4901.79 -1.61% CM 86.02 -0.5204% MFC 41.89 -1.3424% ATD 71.75 -0.9799% NGT 72.65 -0.8732% TRP 68.67 -1.1942% SU 48.06 -2.7913% WCN 270.34 -0.0665% L 218.01 -0.1603%
Section1: Company Overview
North American Financial 15 Split Corp. (TSX: FFN) 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 fixed on an annual basis and to pay the holders of the preferred shares a certain price per preferred share on or about the termination date.
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