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Wright Reports > Company Profile Report > M > Mulvihill Premium Global Plus Fund

Mulvihill Premium Global Plus Fund - Company Profile Snapshot

Company Profile: Mulvihill Premium Global Plus Fund
Ticker: GIP UN
Exchanges: TOR
2009 Sales: n/a
Major Industry: Financial
Sub Industry: Investment Companies
Country: CANADA
Employees:

Business Description
Mulvihill Premium Global Plus Fund Formerly known as Global Plus Income Trust. The Group's principal activity is to invest in a diversified portfolio consisting primarily of common shares issued by corporations selected from the Standard and Poor's 100 Index. The Group also invests in American Depository Receipts of the top 100 corporations selected on the basis of market capitalization whose ADRs are trading on the New York Stock Exchange. The Group further invests to a maximum of 25 per cent of its net asset value in World Equity Benchmark Shares. To generate additional returns above the dividend income earned on the portfolio, the Group writes covered call and put options on some of the securities held in the portfolio. The Group is managed by Mulvihill Fund Services Inc and the investment manager is Mulvihill Capital Management Inc.

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