Purpose Ether Yield ETF (ETHY.TO)
4.03
+0.17
(+4.40%)
CAD |
TSX |
May 17, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.53% | -0.13% | 68.94M | 20943.03 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 9.85% | 173.7% | -8.913M | Upgrade |
Basic Info
| Investment Strategy | |
| The fund seeks to provide unitholders with (a) monthly distributions and (b) long-term capital appreciation. The fund will achieve its investment objectives primarily by obtaining exposure to Ether and by implementing a derivatives based strategy in respect of portfolio securities. The fund seeks to achieve its investment objectives by investing indirectly in long-term holdings of Ether primarily through investment in units of the Purpose Ether ETF and implementing an option writing strategy. The fund may also invest in other investment funds which provide exposure to Ether. |
| 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 | |
| Not Disclosed | 2.42 yrs |
Performance Versus Category
As of May 17, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 17, 2024.
Basic Info
| Investment Strategy | |
| The fund seeks to provide unitholders with (a) monthly distributions and (b) long-term capital appreciation. The fund will achieve its investment objectives primarily by obtaining exposure to Ether and by implementing a derivatives based strategy in respect of portfolio securities. The fund seeks to achieve its investment objectives by investing indirectly in long-term holdings of Ether primarily through investment in units of the Purpose Ether ETF and implementing an option writing strategy. The fund may also invest in other investment funds which provide exposure to Ether. |
| 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 | |
| Not Disclosed | 2.42 yrs |