Key stats
About NVIDIA (NVDA) YIELD SHARES PURPOSE ETF Trust Units
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Inception date
Dec 14, 2022
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
Purpose Investments, Inc.
ISIN
CA6549381094
The fund aims for long-term capital appreciation by buying and holding stocks of NVIDIA Corporation. It may use moderate leverage to purchase some of the shares through cash borrowing. As part of a suite that offers yield-focused, single-stock ETFs, the fund's strategy includes covered call writing and cash-secured put writing to generate monthly distributions. When deemed appropriate, the fund may write covered call options and cash covered put options or hold cash and short-term fixed income securities. The fund may engage in securities lending to earn additional income and utilize derivatives, such as options, futures, and forward contracts, for hedging or non-hedging purposes. The fund does not engage in short selling. Holdings of the underlying stock are not actively managed, the fund does not attempt to take defensive positions in declining markets. Hence, adverse financial conditions to the underlying stock will not result in an adjustment to the fund's holdings.
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
Electronic Technology
Stocks122.12%
Electronic Technology97.76%
Bonds, Cash & Other−22.12%
Cash2.80%
Rights & Warrants−0.15%
Miscellaneous−24.77%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
YNVD assets under management is 175.13 M CAD. It's fallen 7.12% over the last month.
YNVD fund flows account for 102.77 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, YNVD doesn't pay dividends to its holders.
YNVD shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Dec 14, 2022, and its management style is Active.
YNVD expense ratio is 1.94% meaning you'd have to pay 1.94% of your investment to help manage the fund.
YNVD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
YNVD invests in stocks.
YNVD price has fallen by −8.78% over the last month, and its yearly performance shows a 29.83% increase. See more dynamics on YNVD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −7.84% over the last month, have fallen by −7.84% over the last month, showed a 18.97% increase in three-month performance and has increased by 21.30% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −7.84% over the last month, have fallen by −7.84% over the last month, showed a 18.97% increase in three-month performance and has increased by 21.30% in a year.
YNVD trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.