Purpose Bitcoin CAD ETF Non-Currency Hdg (BTCC.U.TO)
11.10
-0.29
(-2.55%)
USD |
TSX |
Apr 17, 15:58
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.45% | 0.04% | 1.307B | 272058.7 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 0% | 233.6% | 137.54M | Upgrade |
Basic Info
| Investment Strategy | |
| The fund has been created to buy and hold substantially all of its assets in long-term holdings of Bitcoin and seeks to provide unitholders with the opportunity for long-term capital appreciation. In respect of the ETF Carbon Offset Units, the fund will purchase carbon offset credits in order to seek to neutralize the carbon footprint related to the fund’s Bitcoin allocable to such units. To achieve its investment objective, the fund invests in and holds substantially all of its assets in long-term holdings of Bitcoin in order to provide unitholders with a secure, convenient, lower-cost alternative to a direct investment in Bitcoin. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Other |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Alternative Miscellaneous |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Purpose Investments Inc. |
| Prospectus Benchmark Index | |
| N/A | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Vlad Tasevski | 3.12 yrs |
Performance Versus Category
As of April 16, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 16, 2024.
Basic Info
| Investment Strategy | |
| The fund has been created to buy and hold substantially all of its assets in long-term holdings of Bitcoin and seeks to provide unitholders with the opportunity for long-term capital appreciation. In respect of the ETF Carbon Offset Units, the fund will purchase carbon offset credits in order to seek to neutralize the carbon footprint related to the fund’s Bitcoin allocable to such units. To achieve its investment objective, the fund invests in and holds substantially all of its assets in long-term holdings of Bitcoin in order to provide unitholders with a secure, convenient, lower-cost alternative to a direct investment in Bitcoin. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Other |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Alternative Miscellaneous |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Purpose Investments Inc. |
| Prospectus Benchmark Index | |
| N/A | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Vlad Tasevski | 3.12 yrs |