TDb Split Corp.
TSX : XTD
TSX : XTD.PR.A

TDb Split Corp.

February 22, 2008 11:17 ET

TDb Split Corp: Financial Results to November 30, 2007

TORONTO, ONTARIO--(Marketwire - Feb. 22, 2008) - TDb Split Corp. ("TDb Split") announces annual financial results for the period August 7, 2007 to November 30, 2007.

Since inception on August 7, 2007 to November 30, 2007 TDb Split achieved its targeted distribution objectives for both classes of shares. The net asset value was $19.77 as at November 30, 2007. The primary activity during this initial period was to invest the proceeds of the offering into TD Bank common stock and implement the supplemental covered call writing program.

TDb Split invests in common shares of TD Bank, a leading Canadian financial institution.



Selected Financial Information from the Statement of Financial Operations:
For the period August 7, 2007 to November 30, 2007

($ Millions)
Income 0.255
Expenses (0.144)
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Net investment income 0.111
Realized option premiums and gain on sale of investments 0.222
Change in unrealized appreciation of investments 1.797
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Increase in net assets from operations before distributions 2.130

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


Contact Information

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