ETF overview
This fund aims to deliver significant monthly income and achieve long-term capital appreciation. Its core strategy involves investing in global equities, utilizing a multi-faceted options approach. This includes writing cash-covered put options to reduce the net cost of acquiring securities while generating premiums, and directly investing in stocks while simultaneously selling call options on those holdings to earn both dividends and additional premiums. To further enhance its investment objectives, the fund may strategically deploy derivatives, and it also retains the flexibility to engage in short selling or securities lending activities for supplementary income. The entire portfolio undergoes a comprehensive reconstitution and rebalancing process each quarter.
Fund facts
- Expense ratio
- 0.60%
- Fund assets
- 455.91M USD (all share classes)
- Issuer
- Purpose Investments
- Inception date
- Jan 18, 2016
- Number of holdings
- 50
Breakdown
Holdings (50)
| Name | Ticker | Weight |
|---|---|---|
| iShares 20+ Year Treasury Bond | 2.44% | |
| Home Depot Inc | HOME.L | 1.43% |
| Raytheon Technologies Corporation | 1.30% | |
| Booking Holdings Inc. | BKNG | 1.17% |
| CVS Health Corp | CVS | 1.05% |
| Nextera Energy Inc | NEE | 1.01% |
| Nutrien Limited | NTR.TO | 0.97% |
| T-Mobile US Inc | TMUS | 0.91% |
| Xtrackers Harvest Csi 300 Ch | ASHR | 0.88% |
| Procter & Gamble Co | PGHL.BO | 0.73% |
| and 37 more | ||
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.60%
- Fund assets
- 455.91M USD (all share classes)
- Issuer
- Purpose Investments
- Inception date
- Jan 18, 2016
- Number of holdings
- 50
| Name | Ticker | Weight |
|---|---|---|
| iShares 20+ Year Treasury Bond | 2.44% | |
| Home Depot Inc | HOME.L | 1.43% |
| Raytheon Technologies Corporation | 1.30% | |
| Booking Holdings Inc. | BKNG | 1.17% |
| CVS Health Corp | CVS | 1.05% |
| Nextera Energy Inc | NEE | 1.01% |
| Nutrien Limited | NTR.TO | 0.97% |
| T-Mobile US Inc | TMUS | 0.91% |
| Xtrackers Harvest Csi 300 Ch | ASHR | 0.88% |
| Procter & Gamble Co | PGHL.BO | 0.73% |
| and 37 more | ||
This fund aims to deliver significant monthly income and achieve long-term capital appreciation. Its core strategy involves investing in global equities, utilizing a multi-faceted options approach. This includes writing cash-covered put options to reduce the net cost of acquiring securities while generating premiums, and directly investing in stocks while simultaneously selling call options on those holdings to earn both dividends and additional premiums. To further enhance its investment objectives, the fund may strategically deploy derivatives, and it also retains the flexibility to engage in short selling or securities lending activities for supplementary income. The entire portfolio undergoes a comprehensive reconstitution and rebalancing process each quarter.
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