Mulvihill's CBNK ETF reports $162.87M in assets after 2025 growth surge
Mulvihill Canadian Bank Enhanced Yield ETF has released its financial results for 2025. The fund, which trades on the Toronto Stock Exchange under the symbol CBNK, reported strong growth in net assets. By the end of the year, its total assets reached $162.87 million. The fund's net assets attributable to unitholders climbed to $130.48 million as of December 31, 2025. This marked an increase of $47.04 million over the course of the year. Total liabilities stood at $32.39 million.
During 2025, the fund generated $48.96 million in income, including net gains from investments. It also distributed $8.67 million in cash to unitholders. The fund employs a strategy of 25% leverage and actively writes call and put options to boost returns.
Managed by Mulvihill Capital Management Inc., the fund focuses on long-term capital growth through investments in major Canadian banks. Specific details about individual bank holdings or their US operations were not disclosed in the available reports. The fund's performance in 2025 reflects a significant rise in net assets and steady income generation. With $130.48 million in net assets and ongoing distributions to investors, it continues to target growth through its enhanced yield strategy. The next financial update will provide further insight into its progress.
