Canadian Large Cap Leaders Split Corp. Announces Class A Share Split

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Postmedia has not reviewed the content. by GlobeNewswire Canadian Large Cap Leaders Split Corp. Announces Class A Share SplitAuthor of the article: You can save this article by registering for free here. Or sign-in if you have an account.[NotfordistributiontoU.S.newswireservicesorfordisseminationintheUnited States.]THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountTORONTO, July 22, 2026 (GLOBE NEWSWIRE) — (TSX: NPS, NPS.PR.A) – Canadian Large Cap Leaders Split Corp. (the “Company”) is pleased to announce its intention to effect a stock split of its Class A shares (the “Share Split”) due to the Company’s strong performance. The Share Split remains subject to the final approval of the Toronto Stock Exchange (the “TSX”).Pursuant to the Share Split, Class A shareholders of record at the close of business on July 30, 2026 will receive 20 additional Class A shares for every 100 Class A shares held. Ex-split trading of the Class A shares will commence at the opening of trading on July 30, 2026.Since the Company’s inception on February 22, 2024, the Class A Shares have delivered a total return of 38.08% per annum based on net asset value, outperforming the S&P/TSX Composite Total Return Index by 11% per annum(1).Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThe Share Split will result in an overall increase in the dollar amount of distributions to be paid to Class A shareholders by approximately 20%. The Company provides a distribution reinvestment plan, on a commission-free basis for Class A shareholders that wish to reinvest distributions and realize the benefits of compound growth.Following the Share Split, the preferred shares of the Company are expected to have downside protection from a decline in the value of the Company’s portfolio of approximately 63%.(2)The Company invests, on an approximately equally-weighted basis, in a portfolio comprised primarily of equity securities of Canadian Dividend Growth Companies (as defined below), selected by the portfolio manager, that at the time of investment and immediately following each periodic reconstitution and rebalancing: (i) are listed on a Canadian exchange; (ii) pay a dividend; (iii) generally have a market capitalization of at least $10 billion; (iv) have options in respect of its equity securities that, in the opinion of the portfolio manager, are sufficiently liquid to permit the portfolio manager to write options in respect of such securities; and (v) have a history of dividend growth or, in the portfolio manager’s view have high potential for future dividend growth (“Canadian Dividend Growth Companies”).AboutNinepoint Partners LPNinepoint Partners LP is the Manager, Portfolio Manager and Promoter of the Company and provides all administrative services required by the Company. Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing approximately $8.2 billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies spanning Equities, Fixed Income, Alternative Income, Real Assets, F/X and Digital Assets.For more information on Ninepoint Partners LP, please visit www.ninepoint.com or please contact us at 416.362.7172, or 1.888.362.7172 or invest@ninepoint.com.(1) See standard performance data table below(2) Based on the NAV of the Class A shares used to determine the Share Split ratio.Canadian Large Cap Leaders Split Corp. Compound Returns to June 30, 20261 yearSince Inception†Class A Shares60.98%38.08%S&P/TSX Composite Total Return Index32.87%27.04% †Inception Date: February 22, 2024 This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Returns are for the periods ended June 30, 2026. The table shows the Company’s compound return on a Class A Share for each period indicated, compared with the S&P/TSX Composite Total Return Index (the “Index”). The Index tracks the performance, on a market capitalization-weighted, total return basis, of a broad range of issuers listed on the TSX. The Company invests in an approximately equally-weighted portfolio of Equity Securities of Canadian Dividend Growth Companies with market caps of at least $10 billion; therefore, its performance is not expected to mirror that of the Index, which includes a substantially larger number of companies. Furthermore, the Index’s performance is calculated without the deduction of management fees, fund expenses and trading commissions, whereas the performance of the Company is calculated after deducting such fees and expenses. The indicated rates of return for Class A Shares are based on the Net Asset Value per Class A share and assume that distributions made by the Company on the Class A shares in the periods shown were reinvested in additional Class A shares of the Company. Past performance does not necessarily indicate how the Company will perform in the future.You will usually pay brokerage fees to your dealer if you purchase or sell shares of investment funds on the TSX or another alternative Canadian tradingsystem(an “exchange”). If sharesarepurchasedorsoldon an exchange,investorsmay pay morethan the current net assetvalue whenbuying sharesof theinvestment fund and may receive less than the current net asset value when selling them.There are ongoing fees and expenses associated with owning shares of an investment fund.An investment fund must prepare disclosure documents thatcontain key information about the fund.You can find more detailed information about the Company in the public filings available at www.sedarplus.ca.Investmentfunds are not guaranteed, their values change frequently and past performance may not be repeated.Certain statements contained in this document constitute forward-looking information within the meaning of Canadian securities laws. Forward-lookinginformation may relate to mattersdisclosed in this document and to other matters identified in public filings relating to the Company, to the future outlook of theCompany and anticipated events or results and may include statements regarding the future financial performance of the Company. In some cases, forward-lookinginformation can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”,“potential”, “continue” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-lookinginformation.Investors should not place undue reliance on forward-looking statements.These forward-looking statements are made as of the date hereofand we assume no obligation to update or revise them to reflect new events or circumstances.The securities have notbeen registered underthe U.S. SecuritiesAct of 1933, asamended, and may notbe offered orsold inthe UnitedStatesabsentregistration or any applicable exemption from the registration requirements. This news release does not constitute an offer to sell or the solicitation of anoffer to buy securities nor will there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.