North American Financial 15 Split Corp. is an equity mutual fund launched by Quadravest Inc. It is managed by Quadravest Capital Management Inc. The fund invests in public equity markets of United States and Canada. It invests in high quality portfolio of preferred shares and Class A shares of 15 financial services companies. The fund employs investment strategy along with fundamental based equity investing with covered call writing to create its portfolio. It was formerly known as Financial 15 Split Corp. II. North American Financial 15 Split Corp. was formed on October 15, 2004 and is domiciled in Canada.
Research context
North American Financial 15 Split Corp appears in PyInvesting’s Toronto Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Financial Services
- Industry
- Asset Management
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5 years, 6 months ago
North American Financial 15 Split Corp is currently in a long term uptrend where the price is trading 28.8% above its 200 day moving average.
From a valuation standpoint, the stock is 95.3% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.3.
North American Financial 15 Split Corp's total revenue sank by 21.2% to $4M since the same quarter in the previous year.
Its net income has dropped by 31.2% to $29M since the same quarter in the previous year.
Finally, its free cash flow fell by 10.2% to $6M since the same quarter in the previous year.
Based on the above factors, North American Financial 15 Split Corp gets an overall score of 2/5.