M Split Corp

M Split Corp

4.99
CAD
0.00
(0.00%)
M Split Corp
TSX:XMF.PR.C
(Toronto Stock Exchange)

Recent

price

4.99

P/E

ratio

- -

div

yld

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ROIC.AI

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Capital Structure

FRC

•

in mil. unless spec.
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Working Capital

FRC

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in mil. unless spec.
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Growth Rates

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Semi-annual Revenue

FRC

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Semi-annual Earnings Per Share

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Semi-annual Dividends Per Share

FRC

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Business
M Split Corp. functions as a Canadian closed-end investment corporation, operating under the management of Quadravest Capital Management Inc. Established on February 12, 2007, its primary objective is to offer concentrated investment exposure to a leading entity within the Canadian financial industry. The fund allocates its entire capital to common shares of Manulife Financial Corporation. This specialized structure offers different share classes: Capital Shares (XMF.A) aim for participation in potential equity growth, while Class I Preferred Shares (XMF.PR.B) and Class II Preferred Shares (XMF.PR.C) provide fixed, cumulative monthly cash distributions and a specific repayment goal. These preferred shares typically feature a defined termination date, which may be subject to extensions. The fund's investment performance is generally benchmarked against the S&P/TSX Financial index.