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.

TSX:FFN - Post by User

North American Financial 15 Split Corp > Jul 12 Weighting to generate Estimated % for each Stock

<< Previous

Bullboard Posts

Next >>

Post by CDNINV1on Jul 12, 2024 6:27pm

174 Views

Post# 36131029

Jul 12 Weighting to generate Estimated % for each Stock

HI bitrock Hope this helps !!

This is how I generate MY CALCULATED ESTIMATED UNIT NAV EACH DAY

Known No of shares * closing price = Fair Value per Stock. eg. BMO Totsl Fair Value per Stock $27,979,936 / 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 53362.092 MILLION = MY CALCULATED ESTIMATED UNIT NAV EACH DAY

		cdn\us exch rate		1.3633
		us\cdn exch rate		0.7335
	SHARES		$ VALUE	CDN PRICE
Bank of Montreal	236880		27979936	$118.12	3.3%
Bank of Nova Scotia	365600		23456218	$64.16	2.7%
CIBC	459200		30713500	$66.88	3.6%
CI Financial Corp.	123850		1949399	$15.74	0.2%
Great-West Lifeco Inc.	105700		4235399	$40.07	0.5%
MFC	1329750		49183528	$36.99	5.7%
National Bank of Canada	254100		28878465	$113.65	3.4%
Royal Bank of Canada	489500		74199124	$151.58	8.6%
Sun Life Financial Inc.	613300		42032162	$68.53	4.9%
Toronto-Dominion Bank	484300		37469700	$77.37	4.4%
Bank of America Corp.	1462022		82917676	$56.71	9.6%
Citigroup Inc.	739537		65056067	$87.97	7.6%
Goldman Sachs	136100		89046695	$654.27	10.4%
JPM	317708		88771990	$279.41	10.3%
Wells Fargo	976540		75274126	$77.08	8.8%
US Bancorp	411500		23635303	$57.44	2.7%
Fifth Third Bancorp.	189973		9966136	$52.46	1.2%
Morgan Stanley	475400		67460135	$141.90	7.8%
			822225560		95.58%
			27781273		4.42%
					100.00%
			850006833	15.9290387828
	US			58.37%
	CDN			37.21%