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 - 03:01PM
GlobeNewswire Inc.
(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 West Suite 2600 Toronto,
Ontario, M5H 3T9 416.681.3966;
1.800.725.7172 www.mulvihill.com
info@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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