M Split Corp is a Canada-based mutual fund corporation. It is an investment corporation designed to provide investors with exposure to Manulife Financial Corp, a life insurer in Canada offering financial products and wealth management services. The Company offers the following types of shares: a Capital share (XMF.A), a Class I Preferred (XMF.PR.B) and a Class II Preferred (XMF.PR.C). Each Class I Preferred Share (XMF.PR.B) and each Class II Preferred share (XMF.PR.C) pays fixed cumulative preferential monthly cash dividends and has a repayment objective on or about the termination date. Capital shares participate in any net asset value growth over a specified amount per unit and dividends are paid only if and when the net asset value per unit exceeds a specified amount.