Post by
mouserman on Sep 10, 2024 12:50pm
FFN unit nav in realtime @ approx: $15.48
FFN showing a loss of 64 cents on my spreadsheet and so FFN commons now valued at about $5.48 ... most of that loss is today. I thought it was an overreaction early on, but now i dont know .
Some weakness in the regional banks may be coming back to haunt the entire sector.
Comment by
Pesyk1 on Sep 10, 2024 12:54pm
Thank you mouserman for all your help , it is appreciated a great deal .
Comment by
mouserman on Sep 10, 2024 4:37pm
Nice bounce back late in the day.... altho the ONLY holdings that have had a positive move ( even with the nice exchange gain by USD) are CAD holdings. Unfortunately at last report they were only 36% of the fund. Still no update on FFN cash % or the % of US holdings vs CAD. I have the FFN unit nav just over $15.70..
Comment by
Splitfunding on Sep 10, 2024 12:56pm
Bloodbath Day - Glad I made the switch to the preffered's, haven't lost a penny and still getting almost 10% yield. Would say today is a bit over done and there probably will be a short tern bounce hence the premium, but I imo there'll be more trouble long term....