North American Financial 15 Split Corp T.FFN

NAV March 30

[AnEducator]

Calculated NAV ~$13.50. The capital shares closed $0.78 above true value.

[AnEducator]

Correction: the capital shares closed $0.80 above true value.

[mouserman]

Great job, just did up FFN to check and see how you are doing, and mine came in @ $13.53 or so.  I used a 1.8% change  in  the loss for USD vs CAD. Thanx for the great work.

[AnEducator]

I suspect your figures are more accurate than mine, MM, especially if the fund raised cash during the early days of the month. This would have mitigated some of the losses. Thanks for taking the time to corroborate during your vacation.