Financial 15 Split Corp T.FTN

CAD rising vs USD and holdings very red

[mouserman]

So the monthend update likley wont have much of a posiitive effect on the NAV for FTN. Likelihood looks as tho the entire US banking  system is once again under scrutiny from the markets, and this translates into some bigger funds selling some of those banks.
9 of top 10  holdings are all down with the only ones in green  a CAD lifeco.

[FatTraderDude01]

MM, Can you please tell me when monthend updates are usually posted? Is this posted on the QVest site ?

[FatTraderDude01]

To answer my own question,any day ... for January. Looking at Oct, Nov, Dec statements, it appears FTN exposure to US equities has increased. January mix shuld be interesting                                                       October   Nov   

[mouserman]

February should be even more interesting with regional US banks showing cracks in their  thin shells.... Commercial debt going to take some of them down. How much that affects the BIG banks in FTN/FFN is still to be seen, but smaller ones like FITB abd USB, may have more  exposure than the likes of  GS and JPM .