MULVIHILL CAPITAL MANAGEMENT INC CANADIAN BANK ENHANCED YIELD ETF
9.15CADD
−0.10−1.08%
At close at 20:10 GMT
CAD
No trades
Key stats
About MULVIHILL CAPITAL MANAGEMENT INC CANADIAN BANK ENHANCED YIELD ETF
Home page
Inception date
Feb 24, 2022
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Mulvihill Capital Management, Inc.
The fund aims to provide long-term capital appreciation by investing in stocks of Canadian banks. These banks include Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada,and The Toronto-Dominion Bank. The fund writes call and put options on a portion of its portfolio and engages in securities lending to generate additional returns. Additionally, it utilizes up to 25% leverage in an attempt to enhance dividend yields. CBNK pays monthly distributions with a 7% yield target per annum.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Top 10 holdings
Symbol
Assets
Symbol
Assets
R
Royal Bank of CanadaRY
16.04%
T
Toronto-Dominion BankTD
15.16%
C
Canadian Imperial Bank of CommerceCM
14.58%
B
Bank of MontrealBMO
14.57%
B
Bank of Nova ScotiaBNS
14.47%
N
National Bank of CanadaNA
13.08%
P
Premium Income Corporation Class A
5.73%
G
Government of Canada 0.0% 02-JUL-2025
3.46%
C
Canadian Dollar
2.89%
Top 10 weight100.00%
9 total holdings
No news here
Looks like there's nothing to report right now
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CBNK trades at 9.15 CAD today, its price has fallen −1.08% in the past 24 hours. Track more dynamics on CBNK price chart.
CBNK net asset value is 9.25 today — it's risen 3.10% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CBNK assets under management is 110.21 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CBNK price has risen by 3.12% over the last month, and its yearly performance shows a 24.49% increase. See more dynamics on CBNK price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.10% over the last month, showed a 17.74% increase in three-month performance and has increased by 37.12% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.10% over the last month, showed a 17.74% increase in three-month performance and has increased by 37.12% in a year.
CBNK fund flows account for −19.04 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CBNK invests in stocks. See more details in our Analysis section.
CBNK expense ratio is 2.36%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CBNK isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CBNK technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CBNK shows the buy signal. See more of CBNK technicals for a more comprehensive analysis.
Today, CBNK technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CBNK shows the buy signal. See more of CBNK technicals for a more comprehensive analysis.
Yes, CBNK pays dividends to its holders with the dividend yield of 7.57%.
CBNK trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CBNK shares are issued by Mulvihill Capital Management, Inc.
CBNK follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 24, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.