Mulvihill Capital Management (Mulvihill) has selected RBC Investor & Treasury Services (RBC I&TS) to provide custody and fund administration services for its funds trading on the Toronto Stock Exchange (TSX).
The funds, all launched within the last 12 months, consist of Mulvihill Canadian Bank Enhanced Yield ETF, Mulvihill Premium Yield Fund ETF and Mulvihill U.S. Health Care Enhanced Yield ETF.
Mulvihill is a Toronto-based wealth management firm which develops yield enhancement strategies for retail, high net-worth and institutional clients.
It is a recent entrant to the ETF space and a longstanding RBC I&TS client.
Commenting on the new mandate, Ken Martin, director of ETF product at RBC I&TS, says: “I believe our enduring relationship with Mulvihill is a testament to our hands-on approach and commitment to meeting their evolving product needs.”
John Germain, senior vice president and chief financial officer at Mulvihill, comments: “We are grateful to RBC I&TS for working so closely with us and providing an outstanding level of support in all aspects of the ETF daily lifecycle, from order creation to settlement. We are very pleased about our continued relationship.”
