Mulvihill Capital Management Inc. Announces Approval of Proposal for Mulvihill U.S. Health Care Enhanced Yield ETF, Name Change to Mulvihill Enhanced Split Preferred Share ETF And Consolidation Ratio

TORONTO, Nov. 29, 2024 (GLOBE NEWSWIRE) — (TSX: XLVE) Mulvihill Capital Management Inc. (the “Manager”), the manager of Mulvihill U.S. Health Care Enhanced Yield ETF (the “Fund”) is pleased to announce that unitholders of the Fund have approved a proposal to (i) change the focus of the Fund from equities of U.S. healthcare companies to primarily listed preferred shares of Canadian split share corporations; (ii) change the name of the Fund to “Mulvihill Enhanced Split Preferred Share ETF”; and (iii) consolidate the exchange-traded units (the “Units”) of the Fund in order to reset the net asset value per Unit to $10.00 per Unit (collectively, the “Proposal”), all as more particularly described in the Fund’s management information circular dated October 25, 2024 (the “Circular”), at a special meeting of the unitholders held earlier today.

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