FTN UNIT NAV to JAN 15 = approx. $19.72The US banks took a pretty good hit today, and it showed on the Valuation today...
My guesstimate spreadsheet has FTN UNIT NAV gaining 1.12$ since dec 31st.
The top 5 US banks in the fund added up to a loss of about 27 cents on the UNIT NAV...today..
USD slightly down from where CAD ws on DEC 31st , so that had a very small negative effect on the US banks. Lets see how close we are on this guesstimate, as we have only a guess on the % of each stock held.