M-Split Corp.
TSX : XMF
TSX : XMF.PR.A

M-Split Corp.

February 22, 2008 11:22 ET

M-Split Corp.: Financial Results to November 30, 2007

TORONTO, ONTARIO--(Marketwire - Feb. 22, 2008) - M-Split Corp. ("M-Split") announces annual financial results for the period April 18, 2007 to November 30, 2007.

Since inception on April 18, 2007 to November 30, 2007 M Split achieved its targeted distribution objectives for both classes of shares. The net asset value was $19.32 as at November 30, 2007.

M-Split invests in common shares of Manulife Financial Corporation, the largest life insurer in Canada offering financial products and wealth management services.



Selected Financial Information from the Statement of Financial Operations:
For the period April 18, 2007 to November 30, 2007

($ Millions)
Income 1.416
Expenses (0.610)
-------
Net investment income 0.806
Realized option premiums and gain on sale of investments 0.257
Change in unrealized appreciation of investments 3.677
-----
Increase in net assets from operations before distributions 4.740

Comparative financial information is available in documents filed on
www.sedar.com.

Contact Information

  • M-Split Corp.
    Investor Relations
    (416) 304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372)
    Website: www.m-split.com