The purpose of this fund
A less-risky way to generate higher income from equities, built on the foundation of our proven options-writing strategy, Purpose Premium Yield Fund.
- •Cash-covered options strategy that earns premiums from a portfolio of stocks we love
- •Puts sold at levels 3-5% below market to generate high income
- •No leverage and active risk management to target 50% market exposure
- •Tax-efficient income from its corporate class structure
Managed by -
Frank Maeba
Neuberger Berman Canada
Founded in 1939 with a focus on deep fundamental research, Neuberger Berman Investment Advisers manages more than $300-billion USD in assets today, primarily for institutional advisors. The firm takes a boots-on-the-ground approach, employing more than 600 investment professionals in 35 cities around the world.
ELIGIBILITY
- drip
- pacc
- swp
- registered accounts eligible
ESG Risk ratings, powered by Sustainalytics, evaluate a fund’s position-weighted exposure to material and unmanaged ESG risk, as well as management efforts to mitigate those risks where possible. A lower score indicates low-risk exposure and transparent, active ESG risk management.
FUND DETAILS
N/A
()
INVESTORS ALSO LIKED...