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North American Financial 15 Split Corp. Increases Preferred Share Rate


TORONTO, Sept. 23, 2020 (GLOBE NEWSWIRE) --

North American Financial 15 Split Corp. (the "Company") is pleased to announce the Preferred Share dividend rate for the fiscal year beginning December 1, 2020. Monthly payments to the FFN.PR.A Preferred Share will be $0.05625 per Share for an annual yield of 6.75% on their $10 redemption value. This is an increase of one and a quarter percent over the current rate. The Company invests in an actively managed, high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows:


Bank of MontrealNational Bank of CanadaBank of America Corp.
The Bank of Nova ScotiaManulife Financial CorporationCitigroup Inc.
Canadian Imperial Bank of CommerceSun Life Financial Services of Canada Inc.Goldman Sachs Group Inc.
Royal Bank of CanadaGreat-West Lifeco Inc.JP Morgan Chase & Co.
The Toronto-Dominion BankCI Financial Corp.Wells Fargo & Co.

For further information, please contact North American Financial 15 Split Corp. Investor Relations at
416-304-4443 or Toll free at 1-877-4-Quadra (1-877-478-2372) or visit www.financial15.com.


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