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Mulvihill Canadian Bank Enhanced Yield ETF
CBNK (Mulvihill Canadian Bank Enhanced Yield ETF) is an active Financial Services Equity ETF by Mulvihill. With a 0.65% MER, it provides diversified exposure. Monthly distribution with a 6.07% yield.
CBNK is actively managed by Mulvihill's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.65% MER, its fees are in line with category averages. It pays a monthly distribution with a 6.07% yield, making it attractive for income-seeking investors.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.