Business News • MarketWire • TDb Split Corp.: Financial Results to November 30, 2009 |
TDb Split Corp.: Financial Results to November 30, 2009 |
|
|
TDb Split Corp.: Financial Results to November 30, 2009
TORONTO, ONTARIO--(Marketwire - Feb. 25, 2010) - TDb Split Corp. ("TDb Split") announces annual financial results for the year ending November 30, 2009.
As at November 30, 2009, the net asset value of the Company was $12.56 per unit and approximately 91% of the Fund was invested in TD common shares with the remaining 9% in cash. The Company had fixed income instruments in the Priority Equity Portfolio Protection Plan at various times during the year. At the market lows in March 2009 the Priority Equity Portfolio Protection Plan was as high as approximately 50% of the net assets of the Company. However, as a result of the improvement in the price of TD common shares by November 30, 2009, the Company was able to fully liquidate the fixed income instruments in the Plan.
View More : http://www.marketwire.com/mw/release.do?id=1122625&sourceType=3
|
|
|