North American Financial 15 Split Corp T.FFN

Closing.FFN unit NAV net of dist for Aug 30 = $16.127

[CDNINV1]

Exchange rate  74.20 cents   Mouserman we are still very close . Great job!!!

[maxjac]

Hi CDNINV1 and Mouserman would you have any hints to provide as why my number is so far from yours? I'm at 16.175 after distribution and I trust your numbers so there must be something wrong in my logic. Thanks for everything!

[CDNINV1]

I would wait til Quadravest posts their August 30th FUND UPDATE numbers to adjust.  I allow my weighting % to change, not the number of shares to determine the Cdn Value per stock. As I previously posted : Post by CDNINV1on Aug 06, 2024 11:45pm Closing Est FFN unit nav for July 6 = $15.18   I did adjust RY from  5th to 7th and BAC so WFC remianed 3rd to match  

[CDNINV1]

As i previously posted :  Comment by CDNINV1on Aug 21, 2024 1:58pm   RE:RE:RE:FFN Dashboard on the Web!   I did not adjust the number of shares from the TMX as you did.  If i reduced my avg no of shares by the 150,000 difference we would be alot closer. I  have not been able to reconcile  Quadravest  to TMX numbers so I do not use the TMX numbers

[maxjac]

Ah yes I see thanks a lot! Perhaps eventually I'll develop an algorithm to automatically adjust the weigthings based on ranks but we're not there yet... Have a great long weekend!

[CDNINV1]

The weights are adjusted based on no of shares x value in cdn $ eg for JPM 301208*224.80 /.7420 =$91,255,470 / Total Fund Value                        cdn\us exch rate   1.3477       us\cdn exch rate  

[CDNINV1]

Better Table with more detail and ranked  weightings         cdn\us exch rate   1.3477         WEIGHT WEIGHT WEIGHT   us\cdn exch rate   0.742

[CDNINV1]

US   56.05% CDN   36.72% SORRY !!   Found error in  US & CDN % allocation. Did not add up to total /Share % of 92.77%

[mouserman]

Great job, as Quadravest update showed u were within a penny...