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S Split (TSX:SBN) Interest Coverage


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What is S Split Interest Coverage?

Interest Coverage does not apply to banks.


S Split (TSX:SBN) Business Description

Traded in Other Exchanges
Address
121 King Street West, Suite 2600, P.O. Box 113, Toronto, ON, CAN, M5H 3T9
S Split Corp is a mutual fund corporation. The Fund invests in common shares of The Bank of Nova Scotia (BNS) and may also invest up to 10 percent of its net assets to purchase call options in respect of securities in which the Fund is permitted to invest. The Fund employs an active covered call strategy to enhance the income generated by the BNS shares and to reduce volatility. In addition, the Fund may write cash-covered put options in respect of securities in which it is permitted to invest.