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
Stocks120.14%
Consumer Durables100.00%
Bonds, Cash & Other−20.14%
Rights & Warrants−0.08%
Cash−20.06%
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
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
YTSL assets under management is 214.26 M CAD. It's risen 14.51% over the last month.
YTSL fund flows account for 49.19 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.
No, YTSL doesn't pay dividends to its holders.
YTSL shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Dec 20, 2022, and its management style is Active.
YTSL expense ratio is 1.89% meaning you'd have to pay 1.89% of your investment to help manage the fund.
YTSL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
YTSL invests in stocks.
YTSL price has fallen by −0.17% over the last month, and its yearly performance shows a −13.65% decrease. See more dynamics on YTSL price chart.
NAV returns, another gauge of an ETF dynamics, showed a 28.94% increase in three-month performance and has increased by 6.89% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 28.94% increase in three-month performance and has increased by 6.89% in a year.
YTSL trades at a premium (0.39%) meaning the ETF is trading at a higher price than the calculated NAV.