AMD (AMD) YIELD SHARES PURPOSE ETFAMD (AMD) YIELD SHARES PURPOSE ETFAMD (AMD) YIELD SHARES PURPOSE ETF

AMD (AMD) YIELD SHARES PURPOSE ETF

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Key stats


Assets under management (AUM)
‪14.21 M‬CAD
Fund flows (1Y)
‪15.61 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−27.4%
Shares outstanding
‪987.94 K‬
Expense ratio

About AMD (AMD) YIELD SHARES PURPOSE ETF


Issuer
Purpose Unlimited
Brand
Purpose
Inception date
Oct 21, 2024
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Primary advisor
Purpose Investments, Inc.
The fund aims for long-term capital appreciation by buying and holding stocks of Advanced Micro Devices, Inc. (AMD). As part of a suite that first offers yield-focused, single-stock ETFs in Canada, the funds strategy includes using leverage, covered call options and/or cash covered put options to generate monthly distributions. When deemed appropriate, the fund may write covered call options and/or cash covered put options, as well as hold cash, short-term securities and/or fixed income securities. The fund may engage in securities lending and make use of derivatives, such as options, futures contracts and forward contracts. The fund does not engage in short selling. Holdings of the constituent securities are not actively managed. The fund does not attempt to take defensive positions in declining markets. Hence, adverse financial conditions to AMD will not result in an adjustment to the funds holdings.

Classification


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Semiconductors
Strategy
Buy-write
Geography
U.S.
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Stocks
Electronic Technology
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

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Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
YAMD trades at 13.63 CAD today, its price has fallen −1.40% in the past 24 hours. Track more dynamics on YAMD price chart.
YAMD net asset value is 19.46 today — it's risen 33.02% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
YAMD assets under management is ‪14.21 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
YAMD price has risen by 27.79% over the last month, and its yearly performance shows a −32.89% decrease. See more dynamics on YAMD price chart.
NAV returns, another gauge of an ETF dynamics, showed a −7.57% decrease in three-month performance and has decreased by −12.45% in a year.
YAMD fund flows account for ‪15.61 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
YAMD invests in stocks. See more details in our Analysis section.
No, YAMD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, YAMD doesn't pay dividends to its holders.
YAMD trades at a premium (27.45%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
YAMD shares are issued by Purpose Unlimited
YAMD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 21, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.