Mulvihill Pro-AMS 100 Plus 'US $': Announces Semi-Annual Results.TORONTO -- Mulvihill Pro-AMS 100 Plus (US $) (the "Fund") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :PRU PRU Prudential Financial PRU Pupil Referral Unit PRU Photographic Reconnaissance Unit PRU Potomac Rugby Union (Washington, DC) PRU Provincial Reconnaissance Unit PRU Projets de Rénovation Urbaine PRU Pruhonice .U) announces results for six months ended June 30, 2005. Net realized losses before distributions amounted to C$(0.8) million or C$(0.60) per unit. Net assets Net assets The difference between total assets on the one hand and current liabilities and noncapitalized long-term liabilities on the other hand. net assets See owners' equity. were C$25.2 million (US$20.6 million) or C$19.04 per unit (US$15.55 per unit) net of distributions to unitholders in the amount of C$0.4 million or C$0.30 (US$0.24) per unit. The Fund's investment objectives are to return at a minimum the original issue price of the units (US$20.00) to unitholders upon termination of the Fund and to preserve the value of the Fund's Managed Portfolio. The forward purchase and sale agreement remains in force with Royal Bank of Canada Bank of Canada Canada's central bank, established under the Bank of Canada Act (1934). It was founded during the Great Depression to regulate credit and currency. The Bank acts as the Canadian government's fiscal agent and has the sole right to issue paper money. ("RBC RBC red blood cell. RBC or rbc abbr. red blood cell RBC, n See red blood cell count. RBC red blood cells; red blood (cell) count (see blood count). ") pursuant to which RBC will agree to pay to the Fund an amount equal to the original issue price of US$20.00 for each unit outstanding on the Termination Date on December 30, 2016 in exchange for the Fund agreeing to deliver to RBC equity securities known as the Fixed Portfolio. The Managed Portfolio consists of cash and cash equivalents. The Fund's investment portfolio is managed by its investment manager, Mulvihill Capital Management Inc. Fund Units are listed on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol PRU.U.
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Selected Financial Information : ($ Millions)
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Statement of Financial Operations
For the six months ended June 30, 2005
(Unaudited)
Revenue C$0.0
Net Realized Losses (0.4)
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(0.4)
Less: Expenses (0.4)
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Net Realized Loss Before Distributions C$(0.8)
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A member of the Mulvihill Capital Management Inc. Group of Funds group of funds See family of funds. Mulvihill Pro-AMS 100 Plus U.S. (TSX:PRU.U) |
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