Post by
AnEducator on Jul 01, 2024 6:40pm
NAV July 1
~$15.75. Discount: ~$0.16. Cushion above payment threshold: ~4.71%.
My month-end closing NAV was $15.59, silightly higher than other calculations here. A powerful rally today in the U.S. financials and a significant decline in the CAD has resulted in a very positive day for FFN despite the Canadian markets being closed. Please note that I did not account for the the moves in the Canadian interlisted stocks trading in New York. This would not have made too much of a difference.
The discount in the price will almost certainly be reduced once the Canadian markets open for trading tomorrow morning.
Comment by
mouserman on Jul 02, 2024 9:38am
My UNIT NAV After distributions for FFN on June 28th was also $15.59 and that was the estimate i used on the spreadsheet . Changed all the inputs back to the exact closing price on June 28th. Then made the currency exchange difference on the new data for the US holdings, the CAD holdings stayed at the JUNE 28th numbers.