{"id":14466,"date":"2011-03-17T20:31:27","date_gmt":"2011-03-18T00:31:27","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=14466"},"modified":"2011-03-17T20:31:27","modified_gmt":"2011-03-18T00:31:27","slug":"ffn-pr-a-annual-report","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=14466","title":{"rendered":"FFN.PR.A Annual Report"},"content":{"rendered":"<p>Financial 15 Split Corp. II has released its <a href=\"http:\/\/www.financial15.com\/pdf\/FFN\/FFN%20annual%202010.pdf\">Annual Report to November 30, 2010<\/a>.<\/p>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td colspan=\"4\">FFN \/ FFN.PR.A Performance<\/td>\n<\/tr>\n<tr>\n<td>Instrument<\/td>\n<td>One<br \/>Year<\/td>\n<td>Three<br \/>Years<\/td>\n<td>Five<br \/>Years<\/td>\n<\/tr>\n<tr>\n<td>Whole Unit<\/td>\n<td>+2.11%<\/td>\n<td>-8.54%<\/td>\n<td>-3.81%<\/td>\n<\/tr>\n<tr>\n<td>FTN.PR.A<\/td>\n<td>+5.38%<\/td>\n<td>+5.38%<\/td>\n<td>+5.38%<\/td>\n<\/tr>\n<tr>\n<td>FTN<\/td>\n<td>-4.67%<\/td>\n<td>-23.57%<\/td>\n<td>-14.04%<\/td>\n<\/tr>\n<tr>\n<td>S&#038;P\/TSX 60 Financial Index<\/td>\n<td>+8.59%<\/td>\n<td>-1.84%<\/td>\n<td>+3.64%<\/td>\n<\/tr>\n<tr>\n<td>S&#038;P 500 Financial Index<\/td>\n<td>-3.23%<\/td>\n<td>-19.88%<\/td>\n<td>-14.64%<\/td>\n<\/tr>\n<tr>\n<td>2\/3 Can + 1\/3 US<br \/><i>Calculations by JH<\/i><\/p>\n<td>+4.65%<\/td>\n<td>-7.85%<\/td>\n<td>-2.45%<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Figures of interest are:<\/p>\n<p>MER: 1.03% of the whole unit value<\/p>\n<p>Average Net Assets: We need this to calculate portfolio yield. No change in Number of Units Outstanding, so just calculate as 5,688,250 [Units] * average NAVPU of (15.30 + 14.60) \/ 2 = 14.95 so $85-million.<\/p>\n<p>Underlying Portfolio Yield: Dividends received (net of withholding) of 2,489,225 divided by average net assets of 85-million is 2.93%.<\/p>\n<p>Income Coverage: Net Investment Income of 1,625,891 divided by Preferred Share Distributions of 2,986,331 is 54%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial 15 Split Corp. II has released its Annual Report to November 30, 2010. FFN \/ FFN.PR.A Performance Instrument OneYear ThreeYears FiveYears Whole Unit +2.11% -8.54% -3.81% FTN.PR.A +5.38% +5.38% +5.38% FTN -4.67% -23.57% -14.04% &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-14466","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/14466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14466"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/14466\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}