Stock Quote Today & Recent News World Financial Split Corp. Class A Shares T.WFS

The Funds investment objectives are: (a) to provide Preferred Shareholders with fixed cumulative preferential quarterly cash distributions in the amount of $0.13125 per Preferred Share representing a yield on the issue price of the Preferred Shares of 5.25% per annum; (b) to provide Class A Shareholders with quarterly cash distributions targeted to be 8.0% per annum of the original issue price; and (c) to return the issue price to holders of both Preferred Shares and Class A Shares at the time of redemption of such shares on June 30, 2025 (the Termination Date). The Fund invests in a portfolio (the Portfolio) which includes common shares selected from the ten largest financial services or real estate companies by market capitalization from each of Canada (at the operating company level), the United States and the rest of the World (the Portfolio Universe).