Alphabet (GOOGL) Yield Shares Prps ETF (YGOG.NO)
34.56
+0.28
(+0.82%)
CAD |
NEO |
May 15, 14:48
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.81% | -0.13% | 17.16M | 4905.67 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 6.80% | 339.1% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| The fund seeks to provide the Unitholders with (i) long-term capital appreciation through purchasing and holding Class A common stock and/or Class C capital stock of Alphabet Inc. (“Google”), including by using leverage through cash borrowing to purchase Class A common stock and/or Class C capital stock of Google and (ii) distributions by writing covered call options and/or cash covered put options on a portion of the Purpose Fund’s portfolio.The fund will hedge substantially all of its U.S. dollar currency exposure with respect to the Units back to the Canadian dollar. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Large Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Equity Focused |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Long/Short Equity |
| 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 | |
| Nicholas Mersch | 1.36 yrs |
Performance Versus Category
As of May 14, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 14, 2024.
Basic Info
| Investment Strategy | |
| The fund seeks to provide the Unitholders with (i) long-term capital appreciation through purchasing and holding Class A common stock and/or Class C capital stock of Alphabet Inc. (“Google”), including by using leverage through cash borrowing to purchase Class A common stock and/or Class C capital stock of Google and (ii) distributions by writing covered call options and/or cash covered put options on a portion of the Purpose Fund’s portfolio.The fund will hedge substantially all of its U.S. dollar currency exposure with respect to the Units back to the Canadian dollar. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Large Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Equity Focused |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Long/Short Equity |
| 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 | |
| Nicholas Mersch | 1.36 yrs |