Purpose Investments Expands Yield Shares Lineup with Seven New ETFs, Offering Enhanced Income Opportunities
20 Fevereiro 2025 - 9:30AM
Purpose Investments Inc. (“Purpose”) is excited to announce the
addition of seven new ETFs to its industry-leading Yield Shares
Suite – the world’s first yield-focused single-stock ETFs designed
to provide investors with the long-term growth potential and
enhanced* monthly yield from their favourite stock. Among the new
additions is the
Tech Innovators Yield Shares Purpose ETF
(Ticker: YMAG), which brings together all the Mag7
companies along with Broadcom in a one-ticket solution. These new
ETFs (described in the table below) begin trading on Cboe Canada
today.
Yield Shares ETF |
Ticker |
Underlying Company |
Costco (COST) Yield Shares Purpose ETF |
YCST |
Costco |
Palantir (PLTR) Yield Shares Purpose ETF |
YPLT |
Palantir |
UnitedHealth (UNH) Yield Shares Purpose ETF |
YUNH |
UnitedHealth Group |
Coinbase (COIN) Yield Shares Purpose ETF |
YCON |
Coinbase |
Netflix (NFLX) Yield Shares Purpose ETF |
YNET |
Netflix |
Broadcom (AVGO) Yield Shares Purpose ETF |
YAVG |
Broadcom |
Tech Innovators Yield Shares Purpose ETF |
YMAG |
Broadcom, Alphabet, Tesla, Meta, Microsoft, Amazon, Apple, and
NVIDIA |
A Smarter Approach to Income and Growth
Since launching in 2022, Purpose Yield Shares has established
itself as a leading solution for investors seeking monthly income
while maintaining exposure to leading global companies. These
innovative ETFs generate tax-efficient, enhanced monthly
distributions by investing directly in the underlying stock and
employing a covered call strategy with moderate leverage –
delivering a unique balance of income and growth.
“The Yield Shares lineup is committed to giving investors access
to high-quality companies with strong fundamentals and long-term
growth potential. With these new ETFs, investors can tap into
market leaders at the forefront of innovation and economic progress
– all while earning enhanced monthly income,” said Nick Mersch,
Yield Shares portfolio manager. “From technology and consumer
staples to financial services and healthcare, our Yield Shares
suite offers a powerful combination of income and growth, allowing
investors to participate in the success of industry leaders.”
Key Benefits
- Monthly Income:
Investors receive an enhanced monthly distribution while
maintaining exposure to the growth of the underlying stock.
- Growth Potential:
Participate in the long-term growth of companies like Costco or
Netflix, two powerhouse brands redefining consumer spending and
media consumption.
- Lower Volatility: A
built-in options strategy helps cushion against stock price
declines.
- Tax Efficiency: The
covered call strategy aims to generate tax-efficient income.
“These new offerings are more than just investment products –
they reinforce our belief that Yield Shares represent a distinct
asset class, uniquely designed to help investors achieve their
financial goals while complementing their existing portfolios,”
said Yuan Gao, Vice President, Product. “This expansion reflects
Purpose’s commitment to evolving with investor needs and navigating
an ever-changing market landscape.”
Not Your Typical Yield Shares ETF: A Bold New
Offering
The Tech Innovators Yield Shares Purpose ETF (Ticker: YMAG)
offers investors a one-ticket solution for exposure to a powerhouse
group of technology and innovation leaders while generating monthly
income. Known as “BATMMAAN,” this elite group – Broadcom, Alphabet,
Tesla, Meta, Microsoft, Amazon, Apple, and NVIDIA – represents the
Nasdaq’s trillion-dollar market cap club, shaping the future of AI,
cloud computing, digital services, and next-generation
infrastructure.
“The Tech Innovators Yield Shares is an exciting evolution of
our suite, bringing together industry giants with a sophisticated
strategy that allows investors to participate in their growth while
generating enhanced, diversified income. This powerful blend of
innovation and yield is designed to meet the needs of today’s
investors,” said Mersch.
To view the full suite of Yield Shares ETFs, please visit our
suite page.
About Purpose Investments
Purpose Investments is an asset management company with over $23
billion in assets under management. Purpose Investments has an
unrelenting focus on client-centric innovation and offers a range
of managed and quantitative investment products. Purpose
Investments is led by well-known entrepreneur Som Seif and is a
division of Purpose Unlimited, an independent technology-driven
financial services company.
For further information, please email us at
info@purposeinvest.com
Media inquiries:Keera
Hartkeera.hart@kaiserpartners.com905-580-1257
*Yield Shares funds provide "enhanced" or higher yields in the
form of additional monthly distributions compared with the
underlying common stock, which pays a relatively lower or no
distribution yield.
Commissions, trailing commissions, management fees, and expenses
may all be associated with investment fund investments. Please read
the prospectus and other disclosure documents before investing.
There can be no assurance that the full amount of your investment
in a fund will be returned to you. If the securities are purchased
or sold on a stock exchange, you may pay more or receive less than
the current net asset value. Investment funds are not guaranteed,
their values change frequently, and past performance may not be
repeated. Fund distribution levels and frequencies are not
guaranteed and may vary at the Purpose Investment's sole
discretion.
Certain statements in this document may be forward-looking.
Forward-looking statements ("FLS") are statements that are
predictive in nature, depend on or refer to future events or
conditions, or include words such as "may," "will," "should,"
"could," "expect," "anticipate," "intend," "plan," "believe,"
"estimate" or other similar expressions. Statements that look
forward in time or include anything other than historical
information are subject to risks and uncertainties, and actual
results, actions or events could differ materially from those set
forth in the FLS. FLS are not guarantees of future performance and
are, by their nature, based on numerous assumptions. Although the
FLS contained in this document are based upon what Purpose
Investments believes to be reasonable assumptions, Purpose
Investments cannot assure that actual results will be consistent
with these FLS. The reader is cautioned to consider the FLS
carefully and not to place undue reliance on the FLS. Unless
required by applicable law, it is not undertaken, and specifically
disclaimed, that there is any intention or obligation to update or
revise FLS, whether as a result of new information, future events
or otherwise.
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