MCM Split Share Corp.
TSX : MUH.A
TSX : MUH.PR.A

MCM Split Share Corp.

September 17, 2010 09:00 ET

MCM Split Share Corp. Announces Semi-Annual Results

TORONTO, ONTARIO--(Marketwire - Sept. 17, 2010) - MCM Split Share Corp. (TSX:MUH.A)(TSX:MUH.PR.A) (the "Fund") announces results for the six months ended, July 31, 2010. Net realized loss before distributions amounted to $(0.2) million or $(0.14) per unit. Net assets were $13.69 per unit, net of distributions to Priority Equity shareholders in the amount of 0.6 million or $0.41 per Priority Equity 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 Operations
For the six months ended July 31, 2010 (Unaudited)
 
Revenue $0.0  
Net Realized Gain on Investment 0.0  
  $0.0  
Less Expenses (0.2 )
Net Realized Loss Before Distributions $(0.2 )
     

For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172 or visit www.mulvihill.com.

Contact Information

  • Mulvihill Structured Products
    John Mulvihill
    President and CEO
    416.681.3966 or 1.800.725.7172
    or
    Mulvihill Structured Products
    David Roode
    President, Fund Services
    416.681.3966 or 1.800.725.7172
    or
    Mulvihill Structured Products
    Sheila Szela
    Vice-President, Finance and CFO
    416.681.3966 or 1.800.725.7172
    info@mulvihill.com
    www.mulvihill.com