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 of over 5.5% annually and to pay the holders of the preferred shares a certain price per preferred share on or about the termination date. Its investment objectives with respect to class A shares are to provide holders of class A shares with regular monthly cash distributions and to permit holders to participate in all growth in the net asset value of the Company for a specific price per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying a specific price per preferred share. Its investment manager is Quadravest Capital Management Inc.

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North American Financial 15 Split Corp > Mar 28 Weighting to generate Estimated % for each Stock

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Comment by CDNINV1on May 02, 2024 5:37pm

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Post# 36020475

RE:RE:Mar 28 Weighting to generate Estimated % for each Stock

Known No of shares * closing price = Fair Value per Stock. eg. BMO Totsl Fair Value per Stock $31327380 / Total No of Shares 236880 = Share Weighting that I use. I THEN USE THIS WEIGHTING * CLOSING PRICE TO GENERATE THE CLOSING VALUE OF OF ALL STOCKS + THE DIVIDENDS RECEIVABLE / AVG LISTED SHARES OUT 52142.890 MILLION = MY CALCULATED ESTIMATED UNIT NAV EACH DAY.

12	Bank of Montreal	236880	31327380	132.25	3.7%
14	Bank of Nova Scotia	365600	25617592	70.07	3.1%
11	CIBC	459200	31450608	68.49	3.7%
18	CI Financial Corp.	123850	2140128	17.28	0.3%
17	Great-West Lifeco Inc.	105700	4576810	43.30	0.5%
9	MFC	1329750	44932253	33.79	5.4%
13	National Bank of Canada	254100	29124942	114.62	3.5%
5	Royal Bank of Canada	489500	66875490	136.62	8.0%
8	Sun Life Financial Inc.	613300	45396466	74.02	5.4%
10	Toronto-Dominion Bank	484300	39591525	81.75	4.7%
4	Bank of America Corp.	1320022	67770423	51.34	8.1%
6	Citigroup Inc.	739537	63320227	85.62	7.5%
2	Goldman Sachs	136100	76966706	565.52	9.2%
1	JPM	317708	86158831	271.19	10.3%
3	Wells Fargo	970640	76168825	78.47	9.1%
15	US Bancorp	465500	28172015	60.52	3.4%
16	Fifth Third Bancorp.	189973	9570668	50.38	1.1%
7	Morgan Stanley	465400	59331254	127.48	7.1%
	SHARES		788492141		94.0%
	CASH		50675508		6.0%
			839167650		100.0%

	US				55.71%
	CDN				38.26%