Post by
mouserman on Jun 13, 2024 4:18pm
FTN unit nav to June 13 = $17.78
So ended the day about the same as the update earlier..
Comment by
Golferman on Jun 14, 2024 8:59am
US bank stocks pre-market down.... could be another tough day for the NAV... wondering how long the $8.00 level can hang on without breaking. Golferman
Comment by
NoShoesNoShirt on Jun 14, 2024 9:10am
If we're going to look at futures (which don't mean much) then ZEB has a bid 39 cents higher than the close.
Comment by
Golferman on Jun 14, 2024 9:59am
The NAV is being hit hard again today..... I have the real time NAV approx around $ 17.54 now Golferman
Comment by
Golferman on Jun 14, 2024 10:01am
I don't believe the $8.00 support will hold today!
Comment by
Splitfunding on Jun 14, 2024 9:32pm
Well, you were wrong. She not only held, but grew! I still don't understand why FTN now has a huge premium while FFN trades at a discount. Completely illogical and doesnt nake any sense since they are two very similar funds with one just being a little more exposed to US banks and the other to Cad banks.
Comment by
mouserman on Jun 17, 2024 10:05am
Biggest reasons would be fear and the safety cushion FTN enjoys. A few more weeks of correction in financials and FFN would underwater for paying to commons... however FTN would stil be fine. Same phenomenon seen with BK and others.