Core Viewpoint - Dividend 15 Split Corp. has renewed its at-the-market equity program, allowing the issuance of shares until October 6, 2026, with a maximum gross proceeds of $600 million [1][2]. Group 1: ATM Program Details - The renewed ATM Program replaces the previous program that ended in September 2024 and allows the Company to issue Class A Shares and Preferred Shares at prevailing market prices [1][2]. - Sales will occur through the Toronto Stock Exchange or other Canadian marketplaces, with the distribution governed by an equity distribution agreement with National Bank Financial Inc. [1][2][3]. - The volume and timing of distributions will be determined at the Company's discretion, and proceeds will align with the Company's investment objectives and strategies [3]. Group 2: Investment Portfolio - The Company invests in a high-quality portfolio of leading Canadian dividend-yielding stocks, including major banks and corporations such as Bank of Montreal, Royal Bank of Canada, and BCE Inc. [4].

Strategic Priorities - The company is focusing on three to four strategic priorities that are essential for its growth and development [1] - There is a strong emphasis on reflecting on past accomplishments and planning for future initiatives [2] Asset Management Business - The company has achieved significant growth in its asset management sector, becoming Canada's largest asset manager with over $1.6 trillion in assets under management [3] - A recent organizational change has been made to formalize the asset management pillar under common leadership, which aims to enhance synergies between the asset management and insurance segments of the business [3]

Core Viewpoint - Aditya Birla Sun Life Insurance Company Ltd has launched a new Dividend Yield Fund aimed at long-term wealth creation through investments in high dividend-paying companies, available for subscription until November 20, 2025 [1][2]. Group 1: Fund Details - The Dividend Yield Fund targets long-term wealth creation by investing in high dividend-paying companies, offering up to 100% equity exposure with at least 75% allocated to equity and equity-related instruments [2]. - The asset allocation of the fund comprises 80-100% in equities and up to 20% in debt instruments, money market, and cash [2]. - The fund is available under ABSLI's Wealth Infinia Plan, Vision Retirement Solution, and Nischit Wealth Solution [3]. Group 2: Management Strategy - The fund employs an active management strategy focusing on bottom-up stock selection to identify companies with strong fundamentals and consistent dividend track records [3]. Group 3: Company Overview - The MD and CEO Kamlesh Rao stated that the fund is designed for policyholders seeking stability alongside growth through financially strong, dividend-paying companies [4]. - The fund aims to balance protection and performance while helping investors achieve long-term financial goals [4]. - As of September 30, 2025, ABSLI reported total assets under management of ₹104,492 crore and operates through over 440 branches, serving 2.864 million active customers nationwide [5].

Core Viewpoint - Canadian Life Companies Split Corp. has renewed its at-the-market equity program, allowing the issuance of shares until June 1, 2026, unless terminated earlier [1][2]. Group 1: ATM Program Details - The renewed ATM Program replaces the previous program established in May 2024 and allows the Company to issue Class A Shares and Preferred Shares at prevailing market prices [1][2]. - The maximum gross proceeds from the issuance of shares under the ATM Program will be $140,000,000 [2]. - Sales will be conducted through the Toronto Stock Exchange or other Canadian marketplaces, with the timing and volume of distributions determined at the Company's discretion [2][3]. Group 2: Investment Strategy - The Company invests in an actively managed portfolio primarily consisting of four publicly traded Canadian life insurance companies: Great‐West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation, and Sun Life Financial Inc. [4].

Core Viewpoint - iA Financial Corporation Inc. has appointed Johanne Papillon and Yousry Bissada to its Board of Directors, effective September 23, 2025, enhancing its leadership team with experienced professionals in the financial services sector [1] Group 1 - Johanne Papillon brings over 25 years of experience in the Canadian financial services industry [1] - From January 2020 to December 2022, she served as Senior Vice-President, Business & Financial Implications, IFRS 17/9 at Sun Life Financial Inc. [1] - Yousry Bissada's background and experience details were not provided in the document [1]

Core Insights - The company has successfully pivoted towards capital-light businesses and enhanced its asset management capabilities over the past decade, which has proven to be a beneficial strategy [1]. Business Mix - Currently, the company's earnings are well-diversified, with 40% coming from global asset management, approximately one-third from Group Health & Protection businesses, and about 25% from individual life insurance [2].

Core Insights - The company has successfully pivoted towards capital-light businesses and enhanced its asset management capabilities over the past decade, which has proven beneficial for its growth [1] - The current earnings mix is well-diversified, with 40% from global asset management, approximately one-third from Health & Protection businesses, and about 25% from individual life insurance [2]

Group 1 - The company has a high return on equity (ROE) target, which is considered impressive and places it in an elite category among global financial services companies [1] - The company emphasizes that its structure is based on low capital businesses, with over 40% of its operations focused on asset management, indicating a strategic growth area [2] - The company sees significant growth potential in asset management across different regions, including Canada and Asia, and does not view a 20% ROE as high for its asset management segment [2]

Core Points - Canadian Life Companies Split Corp. has completed an overnight offering of Preferred Shares and Class A Shares, raising total gross proceeds of $40.0 million, increasing net assets to approximately $217.9 million [1][2] - The Preferred Shares were priced at $10.55 with a yield of 6.64%, while the Class A Shares were priced at $6.35 with a yield of 18.90% [2] - The net proceeds from the offering will be invested in an actively managed portfolio primarily consisting of four publicly traded Canadian life insurance companies: Great‐West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation, and Sun Life Financial Inc. [3]

Core Viewpoint - Canadian Life Companies Split Corp. has successfully completed the overnight marketing of its Preferred Shares and Class A Shares, raising approximately $40.0 million in gross proceeds [1][2]. Offering Details - The offering is expected to close on or about June 26, 2025, pending approval by the TSX [2]. - Preferred Shares were priced at $10.55 each, yielding 6.64%, while Class A Shares were priced at $6.35 each, yielding 18.90% [2]. - The closing prices on the TSX for the Preferred Shares and Class A Shares on June 18, 2025, were $10.70 and $6.50, respectively [2]. Use of Proceeds - The net proceeds from the offering will be invested in an actively managed portfolio primarily consisting of four publicly traded Canadian life insurance companies: Great‐West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation, and Sun Life Financial Inc. [3]. Investment Objectives - For Preferred Shares, the company aims to provide fixed, cumulative preferential monthly cash dividends at a rate equal to the greater of 7.00% or Prime Rate plus 2% (maximum of 9%) annually based on the $10.00 original issue price, and to return the original $10 issue price by December 1, 2030 [4]. - For Class A Shares, the company intends to provide regular monthly cash dividends as determined by the directors and to pay remaining amounts after Preferred Shareholders by December 1, 2030 [4].