Purpose Ether ETF Hedged (ETHH.TO)
12.98
+0.10
(+0.78%)
CAD |
TSX |
Apr 23, 16:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
1.48% | -0.09% | 440.04M | 109709.8 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
0.00% | 310.2% | 17.37M | Upgrade |
Basic Info
Investment Strategy | |
The Fund has been created to buy and hold substantially all of its assets in long-term holdings of Ether and seeks to provide holders of ETF Units (“Unitholders”) with the opportunity for long-term capital appreciation. To achieve its investment objective, the Fund invests in and holds substantially all of its assets in long-term holdings of Ether in order to provide Unitholders with a secure, convenient, lower-cost alternative to a direct investment in Ether.The Fund will not speculate with regard to short-term changes in Ether prices. The Fund will not use derivatives instruments, the underlying interest of which is Ether, for non-hedging purposes. The Fund may also hold cash and cash equivalents or other money market instruments in order to meet its current obligations. |
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 | 2.95 yrs |
Performance Versus Category
As of April 23, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 23, 2024.
Basic Info
Investment Strategy | |
The Fund has been created to buy and hold substantially all of its assets in long-term holdings of Ether and seeks to provide holders of ETF Units (“Unitholders”) with the opportunity for long-term capital appreciation. To achieve its investment objective, the Fund invests in and holds substantially all of its assets in long-term holdings of Ether in order to provide Unitholders with a secure, convenient, lower-cost alternative to a direct investment in Ether.The Fund will not speculate with regard to short-term changes in Ether prices. The Fund will not use derivatives instruments, the underlying interest of which is Ether, for non-hedging purposes. The Fund may also hold cash and cash equivalents or other money market instruments in order to meet its current obligations. |
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 | 2.95 yrs |