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)
Distributes
Capital Gains
Tax on distributions
Eligible Dividends
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
Mutual fund
Stocks14.90%
Non-Energy Minerals3.78%
Energy Minerals1.57%
Finance1.57%
Consumer Durables1.33%
Consumer Non-Durables1.16%
Technology Services0.93%
Retail Trade0.86%
Communications0.86%
Utilities0.83%
Health Services0.64%
Health Technology0.49%
Transportation0.46%
Electronic Technology0.41%
Bonds, Cash & Other85.10%
Mutual fund82.07%
ETF2.18%
Cash0.70%
Rights & Warrants0.16%
Stock breakdown by region
North America97.80%
Oceania0.91%
Asia0.87%
Europe0.41%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history