Yield Shares provides exposure to the long-term growth of your favourite companies while maximizing your portfolio’s yield.

background 1
Maximize yield on individual stocks with our ETF suite

Yield Shares by Purpose employ a covered call strategy to provide investors with attractive monthly yield and exposure to the long-term growth of some of the most prominent companies in the world.

US Yield Shares

NVIDIA Logo

NVIDIA (NVDA) Yield Shares
Ticker
YNVD
Distribution Yield**
N/A
Microsoft Logo

Microsoft (MSFT) Yield Shares
Ticker
MSFY
Distribution Yield**
N/A
tesla

Tesla (TSLA) Yield Shares
Ticker
YTSL
Distribution Yield**
N/A
amazon

Amazon (AMZN) Yield Shares
Ticker
YAMZ
Distribution Yield**
N/A
Apple

Apple (AAPL) Yield Shares
Ticker
APLY
Distribution Yield**
N/A
google

Alphabet (GOOGL) Yield Shares
Ticker
YGOG
Distribution Yield**
N/A
Berkshir

Berkshire Hathaway (BRK) Yield Shares
Ticker
BRKY
Distribution Yield**
N/A
Yield Shares Suite

Take a closer look at our yield ETF suite to learn more about each underlying stock and find the fitting complement to your portfolio.

NVIDIA Logo

NVIDIA (NVDA) Yield Shares Purpose ETF
Ticker: YNVD
Distribution Yield**:
Last Distribution (per unit): -
Since Inception: N/A
Microsoft Logo

Microsoft (MSFT) Yield Shares Purpose ETF
Ticker: MSFY
Distribution Yield**:
Last Distribution (per unit): -
Since Inception: N/A
tesla

Tesla (TSLA) Yield Shares Purpose ETF
Ticker: YTSL
Distribution Yield**:
Last Distribution (per unit): -
Since Inception: N/A
amazon

Amazon (AMZN) Yield Shares Purpose ETF
Ticker: YAMZ
Distribution Yield**:
Last Distribution (per unit): -
Since Inception: N/A
Apple

Apple (AAPL) Yield Shares Purpose ETF
Ticker: APLY
Distribution Yield**:
Last Distribution (per unit): -
Since Inception: N/A
google

Alphabet (GOOGL) Yield Shares Purpose ETF
Ticker: YGOG
Distribution Yield**:
Last Distribution (per unit): -
Since Inception: N/A
Berkshir

Berkshire Hathaway (BRK) Yield Shares Purpose ETF
Ticker: BRKY
Distribution Yield**:
Last Distribution (per unit): -
Since Inception: N/A
logo icon of bitcoin

Bitcoin (BTCC) Yield ETF
Ticker: BTCY
Distribution Yield**:
Last Distribution (per unit): -
Since Inception: N/A
logo icon of ethereum

Ethereum (ETHH) Yield ETF
Ticker: ETHY
Distribution Yield**:
Last Distribution (per unit): -
Since Inception: N/A

*Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments, including those mentioned on this site. The respective fund’s disclosure documents contain important detailed information about that investment fund. Always read the fund’s disclosure documents before investing. As with any investment, there are risks to investing in investment funds. There is no assurance that any fund will achieve its investment objective, and its net asset value, yield, and investment return will fluctuate from time to time with market conditions. 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.

The Yield Shares Advantage

Whether looking to get exposure to and/or complement existing holdings, our product suite benefits investors seeking to:

monthly yield

Increase Monthly Yield

With its covered called strategy and moderate leverage, Yield Shares helps investors who are looking to maximize the monthly yield in their portfolio.


currency risk

Avoid Currency Risk

All U.S. exposure is hedged back to the Canadian dollar, providing an effortless way for investors to purchase U.S. equity securities without the added foreign-exchange risk.


tax efficiency

Maximize Tax Efficiency

The yield generated by Yield Shares is tax-efficient in the form of capital gains, helping investors minimize the amount of income tax accrued.

Stay informed with Purpose Sign up to join our community and stay updated with Yield Shares news, upcoming fund releases, and more.
ssy-background-3
How Yield Shares complements your existing holdings

Whether or not you already invest in the underlying stocks, Yield Shares can add additional benefits, complementing your overall portfolio.

Yield Shares

Benefits of owning:

  • Receive monthly income

  • Exposure to long-term growth potential of underlying stock

  • Tax-efficient yield

  • Currency hedged

Yield Shares

+

Underlying Stock

Benefits of owning:

  • Monthly yield

  • Exposure to long-term growth potential of underlying stock

  • Tax-efficient yield

  • Currency hedged

  • Differentiated risk-return profile

Underlying Stock

Benefits of owning:

  • Exposure to long-term growth potential of underlying stock

How Yield Shares can benefit your portfolio

Learn more in our video analysis.

How Yield Shares by Purpose works

Not sure what a covered call strategy is or how it works? Check out our guide below.

The Essential Guide to Covered Calls and Options

A covered call is a two-part strategy in which a stock is purchased and covered calls are sold. The strategy aims to generate income today and provide more certainty around a stock's future sale price. In our whitepaper, we discuss how covered calls work and their impact on a portfolio.

Call Options
Covered calls diagram
Covered calls profit and loss chart
ssy-background-7
Frequently Asked Questions

You've got questions and we've got answers.

* Commissions, trailing commissions, management fees and expenses all may 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.

** The ‘distribution yield’ figure shows the annual yield an investor would receive if the most recent fund distribution stayed the same going forward for a period of 12 months. This figure represents a single distribution from the fund and does not represent the total return of the fund. The yield is calculated by annualizing the most recent distribution and dividing by the fund NAV from the as-of date. This figure is net of management fees and other fund expenses. Distributions may vary, subject to the Manager’s discretion.