RBS.CA Profile & Description — R Split III Corp
R Split III is a mutual fund corporation created to invest in common shares of Royal Bank of Canada (Royal Bank Shares) in order to generate fixed cumulative preferred distributions for the holders of Co.'s Class A preferred shares and to enable the holders of the Class A capital shares to participate in any capital appreciation in the Royal Bank Shares, as well as any increase in the dividends paid on the Royal Bank Shares, and will be entitled to receive dividends as and when declared by the Board of Directors of Co. As of May 31 2010, Co. had total investment in Royal Bank Shares, at fair value of C$88,841,870 and total assets of C$88,877,915.