Equities

Premium Global Income Split Corp

PGIC.PR.A:TOR

Premium Global Income Split Corp

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  • Price (CAD)10.00
  • Today's Change0.00 / 0.00%
  • Shares traded1.51k
  • 1 Year change-22.81%
  • Beta--
Data delayed at least 15 minutes, as of Jul 25 2024 16:15 BST.
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About the company

Premium Global Income Split Corp. (the Fund), formerly World Financial Split Corp., is a Canada-based mutual fund corporation. The Fund’s investment objectives are to provide preferred shareholders with fixed cumulative preferential monthly cash distributions in an amount of $0.0625 per preferred share, representing a yield on the $10.00 original issue price of the preferred shares of 7.5% per annum; to provide Class A shareholders with monthly cash distributions targeted to be 12.0% per annum payable monthly on the consolidated Class A share net asset value per share; and to return the issue price to holders of both preferred shares and Class A shares at the time of redemption of such shares on the termination date. The Fund invests in a diversified portfolio of primarily large capitalization global equity securities. The Fund may also invest up to 100% of its net assets in other public investment funds. The Fund's manager is Mulvihill Capital Management Inc. (Mulvihill).

  • Revenue in CAD (TTM)1.16m
  • Net income in CAD292.40k
  • Incorporated2003
  • Employees--
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