Mr. John Germain reports

MULVIHILL ENHANCED SPLIT PREFERRED SHARE ETF ANNOUNCES SEMI-ANNUAL RESULTS

Mulvihill Enhanced Split Preferred Share ETF has released its results of operations for the six months ended June 30, 2026. The increase in net assets attributable to holders of units amounted to $3.36-million or $1 per unit. Net assets attributable to holders of units as at June 30, 2026, were $46.23-million or $9.83 per unit. Cash distributions of 50 cents per unit were paid to unitholders during the period.

The fund is a mutual fund investment trust that seeks to provide unitholders with (a) monthly distributions and (b) the opportunity for capital preservation through exposure to a portfolio consisting primarily preferred shares offered by Canadian split share corporations listed on a Canadian exchange. The fund may also seek to acquire preferred shares of split share corporations in their initial public or follow on offerings. The fund may also hold Class A shares of Canadian split share corporations listed on a Canadian exchange at the discretion of the manager. The fund seeks to achieve a yield of 10.0 per cent, with additional capital growth potential beyond such yield target.

The fund's investment portfolio is managed by its investment manager, Mulvihill Capital Management Inc. The fund's units are listed on Toronto Stock Exchange under the symbol SPFD.