(FFN) North American Financial 15 - Ratings and Ratios

North American Financial15 Split Corp. is a Canadian equity mutual fund managed by Quadravest Capital Management Inc., focusing on high-quality preferred shares and Class A shares of 15 financial services companies in the US and Canada. The funds investment strategy combines fundamental equity investing with covered call writing, aiming to generate returns from a diversified portfolio.

Key performance indicators (KPIs) for this investment vehicle include its dividend yield, which is not explicitly stated but can be inferred to be attractive given its investment strategy. The funds Return on Equity (RoE) of 77.28% suggests a strong ability to generate profits from shareholders equity. Additionally, its Price-to-Earnings (P/E) ratio of 1.23 indicates that the stock may be undervalued relative to its earnings, potentially making it an attractive investment opportunity for income-focused investors.

The funds investment approach, which includes covered call writing, can help mitigate potential downsides by generating additional income from the portfolio. However, this strategy may also cap upside potential if the underlying stocks experience significant price appreciation. With a market capitalization of CAD 406.78 million, North American Financial15 Split Corp. has a relatively modest size, which could impact its liquidity and trading dynamics.

From a technical analysis perspective, the stocks recent price movements indicate a positive trend, with the short-term (SMA20), medium-term (SMA50), and long-term (SMA200) moving averages all trending upwards. The Average True Range (ATR) of 0.08 (or 1.20%) suggests relatively low volatility, which may appeal to risk-averse investors. The stocks current price is near its 52-week high, indicating strong recent performance.