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NVIDIA (NVDA) Yield Shares Purpose ETF (YNVD : NEO)

Alternative Equity Focus

Close
(05-21-2024)
$33.63
Change
$1.13 (3.48%)
Open $32.84
Day Range $32.84 - $33.63
Volume 67,473

As at April 30, 2024

As at April 30, 2024

Period
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Legend

NVIDIA (NVDA) Yield Shares Purpose ETF

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Fund Returns

Inception Return (December 14, 2022): 51.54%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -4.36% 40.70% - - - - - - - - - - - -
Benchmark -1.82% 4.10% 16.91% 4.68% 8.73% 5.66% 7.59% 13.51% 8.86% 8.98% 8.12% 8.95% 7.25% 7.22%
Category Average -1.22% 14.76% 14.76% 6.98% 12.25% 5.95% 4.33% 9.26% 5.97% - - - - -
Category Rank 171 / 190 1 / 178 - - - - - - - - - - - -
Quartile Ranking 4 1 - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund - - - - - - - - - 27.33% 15.54% -4.36%
Benchmark -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82%

Best Monthly Return Since Inception

27.33% (February 2024)

Worst Monthly Return Since Inception

-4.36% (April 2024)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - -
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average - - - - - - 5.11% 17.27% -5.96% 6.54%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Asset Allocation
Name Percent
US Equity 121.70
Cash and Equivalents -21.71
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 123.03
Cash and Cash Equivalent -21.70
Other -1.33

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
NVIDIA Corp 123.03
Cash and Cash Equivalents 0.57
NVDA US -1.32
United States Dollar -1.90
Canadian Dollar -2.12
BMO LEVERAGE -18.25

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date December 14, 2022
Instrument Type Exchange Traded Fund (Alternative)
Share Class Do-It-Yourself
Legal Status -
Sales Status -
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -
52 Week High $33.64
52 Week Low $20.24
Annual Dividend $1.12
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure -
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

The NVIDIA (NVDA) Yield Shares Purpose ETF seeks to provide the Unitholders with (i) long-term capital appreciation through purchasing and holding common stock of NVIDIA Corporation (“NVDA”), including by using leverage (not to exceed the limits on use of leverage described under “Investment Strategies”) through cash borrowing to purchase common stock of NVDA.

Investment Strategy

In order to achieve its investment objectives, the NVIDIA (NVDA) Yield Shares Purpose ETF will purchase and hold up to 100% of its total assets (including assets acquired with borrowings) in common stock of NVDA and will hedge substantially all of the U.S. dollar currency exposure within the NVIDIA (NVDA) Yield Shares Purpose ETF’s portfolio back to the Canadian dollar.

Portfolio Manager(s)

Name Start Date
Purpose Investments Inc. 12-14-2022

Management and Organization

Fund Manager Purpose Investments Inc.
Advisor Purpose Investments Inc.
Custodian CIBC Mellon Trust Company
Registrar TSX Trust Company
Distributor -
Auditor Ernst & Young LLP

Fees

MER -
Management Fee -

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