US Financial 15 Split Corp.

US Financial 15 Split Corp.

February 25, 2010 12:33 ET

US Financial 15 Split Corp.: Financial Results to November 30, 2009

TORONTO, ONTARIO--(Marketwire - Feb. 25, 2010) - US Financial 15 Split Corp. ("US Financial 15") announces its annual financial results for the year ending November 30, 2009.

The year ending November 30, 2009 was one of the most tumultuous periods in financial market history. Against this backdrop, the market prices of the financial services stocks in the portfolio mirrored this activity reaching lows in early March but recovering significantly by the end of November. The net asset value as at November 30 ended $0.44 lower to $6.50 per unit over the prior year period. The complete financial statements are available at or

US Financial 15 invests in a portfolio consisting of U.S. financial services companies primarily, including the following: American Express, Bank of America, Bank of New York Mellon, Citigroup, CME Group, Fifth Third Bancorp, The Goldman Sachs Group, JPMorgan Chase, Morgan Stanley, PNC Bank, Regions Financial, State Street Corp., SunTrust Banks, U.S. Bancorp and Wells Fargo.

Selected Financial Information from the Statement of Financial Operations: For the year ending November 30, 2009

  ($ Millions)
Income 0.391
Expenses (0.355)
Net investment income 0.036
Realized option premiums and gain (loss) on sale of investments (30.398)
Change in unrealized appreciation of investments 28.136
Decrease in net assets from operations before distributions (2.226)

Comparative financial information is available in documents filed on

Contact Information

  • US Financial 15 Split Corp.
    Investor Relations
    416-304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372)