Key stats
About TESLA (TSLA) YIELD SHARES PURPOSE ETF
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Inception date
Dec 20, 2022
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Primary advisor
Purpose Investments, Inc.
The fund aims for long-term capital appreciation by buying and holding stocks of Tesla Inc. 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 Tesla Inc. will not result in an adjustment to the funds holdings.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Consumer Durables
Stocks120.54%
Consumer Durables100.00%
Bonds, Cash & Other−20.54%
Rights & Warrants−1.09%
Cash−19.45%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history