Financial 15 Split Corp. has released its Annual Report to November 30, 2012.
| FTN / FTN.PR.A Performance |
| Instrument |
One
Year |
Three
Years |
Five
Years |
Since
Inception |
| Whole Unit |
+14.66% |
+1.99% |
-3.12% |
+2.24% |
| FTN.PR.A |
+5.38% |
+5.38% |
+5.38% |
+5.37% |
| FTN |
+44.61% |
-4.85% |
-12.28% |
-2.19% |
| S&P/TSX Financial Index |
+17.82% |
+8.12% |
+1.69% |
+8.20% |
| S&P 500 Financial Index |
+21.90% |
+1.89% |
-10.88% |
-6.35% |
2/3 Canada
+1/3 US
[JH Calc] |
+19.18% |
+6.04% |
-2.50% |
+3.35% |
Figures of interest are:
MER: 0.99%
Average Net Assets: We need this to calculate portfolio yield. Use the Average of the beginning and end of year figures: ($133.2-million + $120.8-million)/2 = $127.0-million.
Underlying Portfolio Yield: Dividends received (net of withholding) of 4,385,579 divided by average net assets of 127.0-million is 3.45%
Income Coverage: Net Investment Income of 3,100,744, divided by Preferred Share Distributions of 4,857,410 is 64%.
These figures are close to the previously reported and calculated semi-annual figures.
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FTN Annual Report 2012
Financial 15 Split Corp. has released its Annual Report to November 30, 2012.
Year
Years
Years
Inception
+1/3 US
[JH Calc]
Figures of interest are:
MER: 0.99%
Average Net Assets: We need this to calculate portfolio yield. Use the Average of the beginning and end of year figures: ($133.2-million + $120.8-million)/2 = $127.0-million.
Underlying Portfolio Yield: Dividends received (net of withholding) of 4,385,579 divided by average net assets of 127.0-million is 3.45%
Income Coverage: Net Investment Income of 3,100,744, divided by Preferred Share Distributions of 4,857,410 is 64%.
These figures are close to the previously reported and calculated semi-annual figures.
This entry was posted on Sunday, March 10th, 2013 at 3:28 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.