North American Financial 15 Split Corp T.FFN

Alternate Symbol(s): FNCSF

Financial Services Asset Management

North American Financial 15 Split Corp. is a 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, the amount of which is fixed on an annual basis 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%