Post by
mouserman on Nov 08, 2024 3:03pm
Quadravest updates full monthend.
So cash position increased to 17% and was likely the result of managers raising cash thru covered calls. US holdings were down to 40% in this update vs 43% for Cad holdings.
At the current exchange and with the updated numbers , FTN unit nav has gained $1.03 since OCt 31, with the US holdings bouncing up and CAD holdings started to rise up again. For sure an incredibly big discount on these, ( FFN as well) and i think fear of the unknown regarding the election has caused a lot of angst.