Key stats
About UNITEDHEALTH GROUP (UNH) YIELD SHARES PURPOSE ETF
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Inception date
Feb 7, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Purpose Investments, Inc.
The fund aims for long-term capital appreciation by buying and holding stocks of UnitedHealth Group Inc. (UNH). 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 UNH 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
Health Services
Stocks125.76%
Health Services100.00%
Bonds, Cash & Other−25.76%
Rights & Warrants−0.04%
Cash−25.72%
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
YUNH assets under management is 12.09 M CAD. It's risen 60.20% over the last month.
YUNH fund flows account for 13.39 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, YUNH doesn't pay dividends to its holders.
YUNH shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Feb 7, 2025, and its management style is Active.
YUNH follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
YUNH invests in stocks.
YUNH trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.