Oil Sands Split Trust is a closed-end investment trust that invests in units of Canadian Oil Sands Trust, which holds approximately a 35 per cent interest in the Syncrude Joint Venture. Syncrude is the world’s largest producer of crude oil from oil sands, and the largest single source of oil in Canada.
The Trust offers investors both Capital Units and Preferred Securities.
Investors in Capital Units participate in any capital appreciation in Canadian Oil Sands Trust units, and receive tax-efficient quarterly distributions based on income the Canadian Oil Sands Trust generates. Capital Units of Oil Sands Split Trust meet the needs of investors who seek tax-advantaged income and potential capital appreciation, through an investment tied to the future success of a leading oil producer. This investment is ideally suited for non-registered investment accounts.
Investors in Preferred Securities receive quarterly fixed interest payments totaling 8.5 per cent per annum, made in priority to any distributions on Capital Units. Preferred Securities of Oil Sands Split Trust meet the needs of investors who want steady income with an attractive interest rate. This fixed income investment is ideally suited for tax-sheltered registered accounts.
CAPITAL UNITS
Average Annual Compound Returns - by Market Price (as of February 28, 2010)
| -0.3% |
-4.0% |
4.4% |
69.9% |
9.4% |
18.9% |
38.3% |
Annual Returns - by NAV
|
-52.2% |
33.6% |
23.3% |
120.6% |
86.2% |
58.0% |
Annual Returns - by Market Price
|
-45.5 |
30.1% |
36.0% |
123.0% |
114.8% |
10.7 |
*Total return for the period June 13, 2003 - December 31, 2003
PREFERRED SECURITIESAverage Annual Compound Returns - by Market Price (as of February 28, 2010)
| 0.7% |
2.6% |
4.6% |
14.4% |
6.4% |
3.8% |
6.2% |
Annual Returns - by Market Price
|
6.8% |
-1.6% |
7.1% |
-8.6% |
17.9% |
25.6% |
*Total return for the period June 13, 2003 - December 31, 2003