RBC Investor & Treasury Services (RBC I&TS) today announced its role as custodian and fund administrator for three Mulvihill Capital Management (“Mulvihill”) funds trading on the TSX, each launched within the last 12 months: Mulvihill Canadian Bank Enhanced Yield ETF, Mulvihill Premium Yield Fund ETF and Mulvihill U.S. Health Care Enhanced Yield ETF.
Mulvihill, a Toronto-based wealth management firm dedicated to developing yield enhancement strategies for retail, high net worth, and institutional clients, is a recent entrant to the ETF space and a long-standing RBC I&TS client.
“I believe our enduring relationship with Mulvihill is a testament to our hands-on approach and commitment to meeting their evolving product needs, said Ken Martin, Director, ETF Product at RBC I&TS. “We are excited to have recently added ETF administration to the mix – a robust service that centres on integrated technology, a large market network and a client-centric servicing model.”
John Germain, Senior Vice President & CFO of Mulvihill, added, “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.”