Bullboard - Stock Discussion Forum North American Financial 15 Split Corp T.FFN

Alternate Symbol(s): FNCSF

North American Financial 15 Split Corp. is a 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, the amount of which is... see more

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North American Financial 15 Split Corp > Official NAV from October 15 -> 16.84

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Post by maxjac on Oct 17, 2024 6:38pm

Official NAV from October 15 -> 16.84

Dashboard has updated automatically based on this new data.

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Comment by Inglewood on Oct 17, 2024 6:53pm

Thanks, Maxjac. I think the NAV on the dashboard fell too much after the update. Prior to the update, the NAV (net of distribution) was about 23 cents higher. The dashboard NAV on October 15 was $16.92, which is only 8 cents below the reported NAV by Quadravest.

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Comment by maxjac on Oct 17, 2024 9:39pm

Hi @Inglewood, we now need to look at the estimated NAV before distribution which is $17.132. Also, the closing estimated NAV per the dashboard on October 15 at 6PM was $16.849 so pretty close to the official number! Just by less than 1 cent :) Anyone has ideas on how to make this less confusing? Should I just change which box is green based on if we are before the 15th of the month or after the ...more

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