US Financial 15 Split Corp.

US Financial 15 Split Corp.

July 14, 2009 16:29 ET

US Financial 15 Split Corp.-Portfolio Update

TORONTO, ONTARIO--(Marketwire - July 14, 2009) - US Financial 15 Split Corp. ("the Company") announces today it has added CME Group Inc., State Street Corp., Regions Financial and Bank of New York Mellon to its 15 core holdings as replacements for Merrill Lynch Inc., Wachovia Corporation, Washington Mutual Inc. and American International Group. It is expected that these four companies will provide further diversification to the other 11 core names in the portfolio.

The CME Group is a grouping of three exchanges which include CME, CBOT, and NYMEX. CME Group allows market participants the opportunity to trade futures and options on a broad range of asset classes including interest rates, commodities, currencies, indices, real estate, weather, metals, economic events and single stocks. Along with their U.S. operations, CME Group has locations across the globe to serve its international customers.

State Street Corp. is a financial holding company that has been in existence for over 200 years and provides a broad range of services primarily to institutional investors. These services include research, investment management, custody, trading services and investment servicing. Its customers include mutual funds, collective investment funds and pools, retirement plans, insurance companies, foundations, endowments, and investment managers.

Regions Financial is a regional bank that provides a wide range of banking services across the South, Midwest, and Texas. Regions Financial provides traditional commercial, retail and mortgage banking services, mutual funds, as well as other financial services. Its subsidiary, Morgan Keegan & Company Inc, provides brokerage, trust and asset management. Regions Insurance Services, another subsidiary, provides insurance coverage for both personal and business use.

Bank of New York Mellon was established in 2007 from the merger of Mellon Financial Corporation and The Bank of New York Company, Inc. Bank of New York Mellon is a leading asset management and securities services company, with $19.5 trillion in assets under custody or administration and $881 billion under management. Its clients include institutions and corporations, private clients, and consultants and advisors.

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.

Contact Information

  • US Financial 15 Split Corp.
    Investor Relations
    416-304-4443 or toll free at 1-877-4-Quadra (1-877-478-2372)