Post by
mouserman on Apr 04, 2024 4:47pm
FTN unit nav to April 4 = approx: $18.06
Spreadsheet showing a loss of 33 cents today, and basically was no need to change the USD/CAD exchange rate as at March 28.
Commons would have a value of $8.06 here. Discount is now gone with the last trade today @ $8.09
Comment by
JimBoSS on Apr 05, 2024 10:04am
Thank you for sharing your NAV updates and analysis on a regular basis, it is appreciated. Question: Your Apr 3 est was $18.24. Apr 4 est was $18.06. Difference down $0.18. yet your message states a loss of $0.33.? Why the difference? Also, the funds underlying stock value didn't appear to drop that much, maybe down only 0.3%. so why such a drop in the NAV? Thanks
Comment by
FatTraderDude01 on Apr 05, 2024 11:40am
Just thinking the loss may be compared to the March 28th NAV.... FTN unit nav to March 28 = approx: $18.41 AFTER dist.
Comment by
mouserman on Apr 05, 2024 1:00pm
yes sorry i suppose it isnt clear for those who have just started to watch these. I always state the UNIT NAV gain or loss since the last update, which was March 28.