MULVIHILL SPLIT CAPITAL SHARE ETF (CAD) ASHR.CA

Mulvihill Split Capital Share ETF is an actively managed fund that seeks to provide securityholders with attractive monthly distributions and the potential for capital appreciation. It achieves this by investing primarily in the capital shares and Class A shares of Canadian split share corporations.

Split share corporations divide ownership of a portfolio of dividend-paying Canadian equities into preferred shares and capital shares. The capital share class captures any excess income and all capital gains after the fixed preferred class is satisfied, but also absorbs losses first.

By focusing on the capital and Class A share side, this ETF offers leveraged equity exposure and higher volatility relative to the preferred class. The fund is issued and managed by Mulvihill Capital Management Inc., a Canadian investment firm known for enhanced-yield equity strategies.

This ETF trades on the Toronto Stock Exchange and operates under a mutual fund trust structure. Its mandate emphasizes exposure to Canadian split share corporations' capital and A shares rather than investing in any benchmark index.