Key stats
About PURPOSE PREM YIELD FD ETF NON CURRENCY HEDGD SHS
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Inception date
Nov 25, 2018
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
Purpose Investments, Inc.
The fund seeks to provide high monthly income and long-term capital appreciation by investing in global stocks companies through: (i) writing cash covered put options to reduce the net cost of acquiring securities and receive premiums, and (ii) directly investing in equity securities and writing call options on these securities to receive dividends and premiums. The fund may use derivatives in order to further meet its investment objectives, and may also engage in short selling or other securities lending transactions to generate additional income. Portfolio holdings are reconstituted and rebalanced on a quarterly basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Stocks15.57%
Technology Services3.32%
Finance2.47%
Non-Energy Minerals1.66%
Energy Minerals1.64%
Health Technology1.50%
Retail Trade1.22%
Utilities0.81%
Industrial Services0.65%
Consumer Services0.58%
Health Services0.58%
Consumer Durables0.49%
Electronic Technology0.37%
Transportation0.28%
Bonds, Cash & Other84.43%
ETF81.89%
Cash2.16%
Rights & Warrants0.37%
Municipal0.00%
Stock breakdown by region
North America99.32%
Oceania0.68%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history