TD Sponsored Companies Inc.
TTD Sponsored Companies Inc. administers special purpose public issuers of securities that have been designed to meet certain targeted investment objectives.
The issuers are "split share companies," which hold a portfolio of securities of an individual company or group of companies and "split" the lower risk income stream on the underlying portfolio from the changes in portfolio value.
Both the preferred and capital shares are listed and publicly traded on the Toronto Stock Exchange (TSX). The net proceeds from the initial public offerings of preferred and capital shares of the split share companies were used to acquire the underlying portfolios.
As of April 16, 2014
1 Net Asset Value (NAV) of preferred shares reflects price at redemption.
2 All market data is based on closing prices from the Toronto Stock Exchange (TSX).
3 Based on weighted average market price of Class B and Class C Preferred Shares.
April 19, 2014