North American Financial 15 Split Corp T.FFN

Info about the retraction...

[myNEXTmillion]

The deadline for submitting ones shares for retraction was November 1.  The October update reported the NAV at $6.82 for the Class A's.  The market close on October 31 was $6.77. 

As the difference is very narrow, less than 1 distribution payment at the time, I am of the opinion very few would have taken advantage of the Class A retraction privilege.  Not many would have had the vision of a Trump win, jacking up all the share prices.

Just my opinion...

mNm

[navgod]

How about the vision that no matter who won the election the discount was going to blowout after the arb bid ie traders buy for redemption.  So if you were long FFN the smart move was to redeem it or sell it. I chose to  redeem and that was based on on probabilities. The fact  that the payoff has been above my expectations does not negate the wisdom of the decision.  I am tried

[twoofus]

I totally agree with you. The discount was only 5 cents and, regardless of what anyone's opinion was as to how the election would affect the markets, nobody could have reasonably predicted that the NAV would far exceed the share price as much as it did by November 29th. My guess is that the amount of retraction does not exceed 7.5M shares. That would coincide with the $62M reduction in cash in

[AwesomeMatthews]

So if my math is correct based on the posted numbers that reduces the NAV to $7.18 give or take and an extra 14 shares per 100? Perhaps it's best for me not to speculate and wait for some of the more knowledgable posters on this board (which are many)  I really appreciate this board and all it's members, I don't know any friends or family who invest in Quadravest funds so it'