Business Description
Canadian Life Companies Split Corp. is a Canadian closed-end fund managed by Quadravest Capital Management Inc. that focuses on the life insurance industry. The fund holds shares in four major Canadian life insurers: Great-West Lifeco, Industrial Alliance Insurance and Financial Services, Manulife Financial, and Sun Life Financial. Investment decisions are guided by company earnings, cash flow, dividends, and growth potential, with overall performance measured against the S&P TSX Financial Index. The fund has operated since April 2005 and is based in Canada.