Mulvihill Canadian Bank Enhanced Yield ETF (TSX: CBNK) reported a $9.54 million increase in net assets for the six months ending June 30, 2025, equating to $0.71 per Unit. Total net assets for unitholders were $106.37 million or $8.98 per Unit, with $0.35 per Unit distributed to unitholders during the period.
The Fund focuses on long-term capital appreciation by primarily investing in common shares of major Canadian banks. Employing modest leverage of 25 percent enhances dividend yields, while option strategies are leveraged to boost income and reduce volatility. The Fund is listed on the Toronto Stock Exchange under the symbol CBNK.
Managed by Mulvihill Capital Management Inc., the Fund’s investment portfolio includes common shares of major Canadian banks. Financial information for the six months ended June 30, 2025, shows income of $10.52 million, with expenses of $0.98 million, resulting in a $9.54 million increase in net assets for unitholders.
For more information, contact Investor Relations at 416.681.3966, toll-free at 1.800.725.7172, or visit www.mulvihill.com. John Germain, Senior Vice-President & CFO, can be reached at 416.681.3966 or 1.800.725.7172, or through email at [email protected].
Read more at GlobeNewswire: Mulvihill Canadian Bank Enhanced Yield ETF Announces
