Bullboard - Stock Discussion Forum North American Financial 15 Split Corp T.FFN

Alternate Symbol(s): FNCSF

North American Financial 15 Split Corp. is a Canada-based 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 in the amount... see more

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North American Financial 15 Split Corp > FFN unit nav jumps approx: 16 cents from June 28 close

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Post by mouserman on Jul 01, 2024 5:12pm

FFN unit nav jumps approx: 16 cents from June 28 close

Switched all the numbers in the spreadsheet over to the JUNE 28 th close and used the approx: UNIT NAV i posted. CAD fell to 72.8 USD.. and the exchange rate did push up the NAV for the US holdings.
Gains were bigger for FFN than for FTN as the number of US holdings that had gains is bigger in FFN.
MS one of the bigger holdings had a very nice gain of over 2%, and that one not in FTN's list.