Holders of Class B Preferred Shares are entitled to receive quarterly fixed cumulative distributions equal to US$0.1281 per Class B Preferred Share. Such distributions may consist of ordinary dividends, capital gains dividends, and/or non-taxable returns of capital.
SNP Split Corp. is a mutual fund corporation created to hold a portfolio of common shares (the "Portfolio Shares") of the companies that make up the S&P 100 Index. The Company generates quarterly fixed cumulative preferential distributions for the Class B Preferred Shareholders and provides the Capital Shareholders with a leveraged investment, the value of which is linked to changes in the market price of the Portfolio Shares.
Capital Shares and Class B Preferred Shares of SNP Split Corp. are listed for trading on The
%SEDAR: 00016247E
For further information: Investor Relations, SNP Split Corp., (416) 945-4994, E-mail: [email protected], Web site: www.scotiamanagedcompanies.com
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