Mulvihill Premium Split Share

Mulvihill Premium Split Share

March 26, 2010 09:00 ET

Mulvihill Premium Split Share Announces Year End Results

TORONTO, ONTARIO--(Marketwire - March 26, 2010) - Mulvihill Premium Split Share (the "Fund") (TSX:MUH.PR.A)(TSX:MUH.A) announces results for the year ended January 31, 2010. Net realized loss before distributions amounted to $(0.4) million or $(0.26) per unit. Net assets were $14.24 per unit, net of distributions to shareholders in the amounts of $0.83 per Priority Equity share and $0.01 per Class A share. Each unit consists of one Class A share and one Priority Equity share. 

Due to the Fund's adoption of the "Priority Equity Portfolio Protection Plan" in April of 2009, the Fund is invested entirely in cash and cash equivalents.

The Fund's investment portfolio is managed by its investment manager, Mulvihill Capital Management Inc. The Fund's Priority Equity and Class A shares are listed on The Toronto Stock Exchange under the symbols MUH.PR.A and MUH.A.

Selected Financial Information : ($ Millions)  
Statement of Net Assets 2010
Assets $ 21.6
Liabilities 21.6
Net Assets (Shareholders Equity) $ -
Statement of Financial Operations  
Income $ 0.3
Expenses (0.5)
Net Investment Loss $ (0.2)
Net Loss on Investments (0.2)
Net Realized Loss before Distributions $ (0.4)

A member of the Mulvihill Capital Management Inc. Group.

Contact Information

  • Mulvihill Premium Split Share
    Investor Relations
    416.681.3966 or Toll Free: 1.800.725.7172