North American Financial Preferred Stock 5.25% (FFN.PR.A)

Overview

North American Financial 15 Split Corp., initiated by Quadravest Inc. and managed by Quadravest Capital Management Inc., stands out as a noteworthy equity mutual fund focusing on the public equity markets of the United States and Canada. Launched on October 15, 2004, and originally known as Financial 15 Split Corp. II, this fund is headquartered in Canada. It prides itself on a strategic investment approach combining fundamental equity investing with covered call writing. This unique strategy aims at crafting a high-quality portfolio consisting of preferred and Class A shares from 15 distinguished financial services companies, thereby offering a tailored investment solution that accommodates the evolving needs of its investors.

Products and Services

• Investment in Public Equity Markets

  The fund exploits the lucrative opportunities in the public equity markets of the United States and Canada. By navigating these markets, North American Financial 15 Split Corp. aims to identify and invest in shares that offer potential for significant returns, thereby benefiting its investors.

• High Quality Portfolio of Shares

  Specializing in a high-quality portfolio, the fund invests in preferred and Class A shares of 15 leading financial services companies. This well-curated selection process ensures that investors are exposed to secure and potentially lucrative investment avenues within the financial sector.

• Covered Call Writing

  Utilizing a sophisticated investment strategy, the fund engages in covered call writing to augment its portfolio creation. This technique involves writing call options on assets already owned, aiming to generate additional income through premiums received, thereby offering a strategic advantage and potentially higher returns for investors.