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Bullboard - Stock Discussion Forum 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... see more

TSX:FFN - Post Discussion

North American Financial 15 Split Corp > FFN unit nav to July 15 = approx; $16.16
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Post by mouserman on Jul 15, 2024 4:25pm

FFN unit nav to July 15 = approx; $16.16

My spreadsheet came out to exactly a gain of 59.91 cents from the JUNE 28th udpate. 
Very close to the previous posters estimate. We should be very close to what will appear this week from Quadravest. With a $5.96 close, the FFN commons are trading at a 20 cent discount. or just over 3%.. almost identical to the % discount on FTN.
Comment by mkqtrader on Jul 15, 2024 4:34pm
My calculation is on the same value as yours, to be precise it is $16.162986. This month distributions are assured :-)
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