Premium Fund Launches New Share Distribution Program

TORONTO, Sept. 22, 2026 /CourierPR/ -- The Premium Global Income Split Fund, a diversified investment vehicle, has established an at-the-market equity program designed to issue preferred shares and class A shares to the public. This new program, which replaces a prior program that was terminated in December 2024, allows the Fund to sell these shares through the Toronto Stock Exchange (TSX) or any other Canadian marketplace where the class A shares and preferred shares are listed, quoted, or traded. The program is governed by an equity distribution agreement signed on September 21, 2026, with National Bank Financial Inc. and CIBC World Markets Inc., acting as the lead agent and agents for the distribution.

The new program will be effective until September 20, 2028, unless terminated earlier in accordance with the terms of the Equity Distribution Agreement. The Fund intends to use the proceeds from the ATM Program to align with its investment objectives and strategies, which include employing an active covered call writing strategy and writing cash-covered put options in securities it is permitted to invest in. Additionally, the Fund may invest up to 100% of its net assets in other public investment funds managed by Mulvihill Capital Management Inc., the Fund’s investment manager.

The Premium Global Income Split Fund, which was established in December 2024, has now begun issuing shares through the ATM Program. This initiative is part of the Fund’s ongoing strategy to enhance income generation and reduce volatility in its portfolio. The program will be managed by the Lead Agent and Agents, who will distribute the shares at the prevailing market prices at the time of sale, ensuring that the prices may vary among purchasers during the period of distribution.

The maximum gross proceeds from the issuance of the shares under the ATM Program will be $70,000,000. Copies of the prospectus supplement and the short form base shelf prospectus, which contain important detailed information about the securities being offered, may be obtained from registered financial advisors or representatives of the Agents. Investors should read these documents before making any investment decisions.

The Premium Global Income Split Fund invests in a diversified portfolio of primarily large-cap global equity securities, actively selected by its investment manager, Mulvihill Capital Management Inc. The Fund employs an active covered call writing strategy and may write cash-covered put options in respect of securities in which it is permitted to invest. The Fund may also invest up to 100% of its net assets in other public investment funds, including those managed by Mulvihill. In addition, the Fund is exposed to securities traded in foreign currencies and may, at Mulvihill’s discretion, enter into currency hedging transactions to reduce the effects of changes in the value of foreign currencies relative to the value of the Canadian dollar.

The Premium Global Income Split Fund is a diversified investment vehicle that has established an at-the-market equity program to issue preferred shares and class A shares to the public. The program, which replaces a prior program that was terminated in December 2024, will be effective until September 20, 2028, unless terminated earlier in accordance with the terms of the Equity Distribution Agreement. The Fund intends to use the proceeds from the ATM Program to align with its investment objectives and strategies, which include employing an active covered call writing strategy and writing cash-covered put options in securities it is permitted to invest in. Additionally, the Fund may invest up to 100% of its net assets in other public investment funds managed by Mulvihill Capital Management Inc. The Fund invests in a diversified portfolio of primarily large-cap global equity securities, actively selected by its investment manager, Mulvihill Capital Management Inc. The Fund employs an active covered call writing strategy and may write cash-covered put options in respect of securities in which it is permitted to invest. The Fund may also invest up to 100% of its net assets in other public investment funds, including those managed by Mulvihill. In addition, the Fund is exposed to securities traded in foreign currencies and may, at Mulvihill’s discretion, enter into currency hedging transactions to reduce the effects of changes in the value of foreign currencies relative to the value of the Canadian dollar.