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TORONTO, June 23, 2026 (GLOBE NEWSWIRE) -- Mulvihill Capital Management Inc. (“Mulvihill”), trustee and manager of the Mulvihill ETFs, a division of Mulvihill, is pleased to announce that Mulvihill Canadian Bank ETF (“MBNK”) has closed its initial public offering of ETF shares (“Shares”) and the Shares will begin trading today, June 23, 2026, on the Toronto Stock Exchange (“TSX”) under the ticker symbol “MBNK”.

The investment objectives of MBNK are to provide the securityholders with long-term capital appreciation through exposure to a portfolio consisting principally of the common shares of 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 and monthly cash distributions. MBNK is considered to be an “alternative mutual fund” under National Instrument 81-102 Investment Funds.

To generate additional income above the dividends earned on the equity securities included in its portfolio, MBNK may write covered call options and/or cash-covered put options on a portion of the securities in its portfolio.

About Mulvihill Capital Management Inc.

Mulvihill is a Canadian investment manager specializing in enhanced yield equity strategies. The firm was founded in 1995, making it one of the oldest and most experienced managers of option-related strategies in Canada. The current team of six portfolio managers at Mulvihill have over 150 years of industry experience. The firm services retail, high net worth and institutional clients through mutual funds, ETFs, and separately managed accounts.

For further information, please visit www.mulvihill.com or email us at info@mulvihill.com.

Commissions, trailing commissions, management fees and expenses all may be associated with exchange traded funds (ETFs). Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated. There are risks involved with investing in ETFs. Please read the prospectus for a complete description of risks relevant to ETFs. Investors may incur customary brokerage commissions in buying or selling ETFs.