TESLA (TSLA) YIELD SHARES PURPOSE ETFTESLA (TSLA) YIELD SHARES PURPOSE ETFTESLA (TSLA) YIELD SHARES PURPOSE ETF

TESLA (TSLA) YIELD SHARES PURPOSE ETF

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Key stats


Assets under management (AUM)
‪195.04 M‬CAD
Fund flows (1Y)
‪77.95 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−2.6%

About TESLA (TSLA) YIELD SHARES PURPOSE ETF


Issuer
Purpose Unlimited
Brand
Purpose
Expense ratio
0.79%
Inception date
Dec 20, 2022
Index tracked
No Underlying Index
Management style
Active
The fund aims for long-term capital appreciation by buying and holding stocks of Tesla Inc. As part of a suite that first offers yield-focused, single-stock ETFs in Canada, the funds strategy includes using leverage, covered call options and/or cash covered put options to generate monthly distributions. When deemed appropriate, the fund may write covered call options and/or cash covered put options, as well as hold cash, short-term securities and/or fixed income securities. The fund may engage in securities lending and make use of derivatives, such as options, futures contracts and forward contracts. The fund does not engage in short selling. Holdings of the constituent securities are not actively managed. The fund does not attempt to take defensive positions in declining markets. Hence, adverse financial conditions to Tesla Inc. will not result in an adjustment to the funds holdings.

Classification


Asset Class
Equity
Category
Sector
Focus
Consumer discretionary
Niche
Automobile manufacturers
Strategy
Buy-write
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of October 31, 2024
Exposure type
Stocks
Consumer Durables
Stocks121.50%
Consumer Durables100.00%
Bonds, Cash & Other−21.50%
Rights & Warrants−3.29%
Cash−18.21%
Stock breakdown by region
100%
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