Mulvihill Capital Management Inc. Announces Discontinuing Service Fees for S Split Corp., Top 10 Split Trust and World Financial Split Share Corp.
May 31 2022 - 3:01PM
(TSX: SBN, TXT.UN, WFS) Mulvihill Capital
Management Inc., the manager of S Split Corp., Top 10 Split Trust
and World Financial Split Share Corp. (collectively, the “Funds”)
announces effective today, that the Funds will discontinue paying
service fees, which are currently paid to dealers whose beneficial
owners hold Class A shares or Capital units of the Funds. An
increasing number of TSX traded funds have discontinued or did not
offer service fees. Discontinuing service fees will lower the
management expense ratios of the Funds and will also enhance the
ability for fee-based accounts to hold Class A shares or Capital
units of the Funds.
For further information, please contact Investor
Relations at 416.681.3966, toll free at 1.800.725.7172 or visit
www.mulvihill.com.
John Germain, Senior Vice-President & CFO |
Mulvihill Capital Management Inc.121 King Street
WestSuite 2600Toronto, Ontario, M5H 3T9416.681.3966;
1.800.725.7172www.mulvihill.cominfo@mulvihill.com |
You will usually pay brokerage fees to your
dealer if you purchase or sell shares or units of the Funds on the
TSX. If the shares or units are purchased or sold on the TSX,
investors may pay more than the current net asset value when buying
and may receive less than current net asset value when selling
them. There are ongoing fees and expenses associated with owning
shares or units of the Funds. An investment fund must prepare
disclosure documents that contain key information about the fund.
You can find more detailed information about the fund in these
documents. Investment funds are not guaranteed, their values change
frequently and past performance may not be repeated.
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