LFE.CA Profile & Description — Canadian Life Companies Split Corp
Canadian Life Companies Split is a mutual fund corporation. Co.'s investment objectives are to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of C$0.04375 per Preferred Share; to provide holders of Class A Shares with regular monthly cash distributions targeted to be C$0.10 per Class A Share; and to return the original issue price of C$10.00 and C$15.00 to holders of Preferred Shares and Class A Shares, respectively, at the time of the redemption of such shares on Dec 1 2012 or such other date as Co. may terminate. As of Nov. 30, 2010, Co.'s total investment portfolio amounted to C$137,387,511.