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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 to 1pm CST = approx: $18.71
View:
Post by mouserman on Jan 21, 2025 2:01pm

FFN unit nav to 1pm CST = approx: $18.71

So USD exchange now back to the same as JAn 15th, so easy to update spreadsheet.
Gain is just over 33 cents since Jan 15th. Discounted now about $1.27 or about   14.5% before dist. are factored in. Not sure why the discount  is so big,  but will take advantage of  the value here, and collect the sweet distributions.
Comment by mouserman on Jan 21, 2025 2:53pm
dashboard came in at $18.703 , so very close to my estimate....US stocks are 15 minute delayed on dashboard and the TSX as well. Once the dashboard updated to the delayed US data, the spreadsheet became a lot closer to the dashboard.