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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 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

TSX:FFN - Post Discussion

North American Financial 15 Split Corp > FFN unit nav in real time @ 12 cst = approx; $18.26
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Post by mouserman on Dec 05, 2024 1:06pm

FFN unit nav in real time @ 12 cst = approx; $18.26

My spreadsheet after changing all the weightings, adjusting the USD/CAD % mix and the cash position, puts the NAV down 3 pennies since Nov 29 update. That update includes the change in cash position and  weightings. SO its a simple as using Nov  29  numbers and then calculating the posiitve or negative  change in holdings and USD exchange  to get the NAV.
Comment by mouserman on Dec 05, 2024 1:08pm
The only wildcard is the effect of the retraction, and we wont know that for at least another week. Clarification may come with the midmonth update.
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