• Access to a unique portfolio strategy of writing covered options that provides U.S. equity exposure with reduced volatility.
  • Diversification benefits offered by options writing through a low correlation to bonds and interest rates.
  • Active hedging of equity and currency risk while premiums collected can provide monthly distributions.
YTD 2020 2019 2018 2017 2016 2015 2014
0.9 8.9 -2.1 8.0 0.2 7.0 15.2
1 mo 3 mo 6 mo 1 yr 3 yrs 5 yrs 10 yrs Incep
5.7 6.8 8.5 1.2 2.5 3.0 - 5.5
As at 10/31/20
As at 10/31/20 As at 12/31/19
As at 10/31/20  
Cash-Covered Puts 60.7
Long Equities 59.4
Covered Calls 1.4
Cash, Short-Term Investments & Other Net Assets -21.5
As at 10/31/20  
Amazon.com, Inc., Long Equities, Cash-Covered Puts -
General Motors Company, Long Equities -
Dynamic Premium Yield PLUS Fund, Series "O", Long Equities -
Axalta Coating Systems Ltd., Long Equities, Cash-Covered Puts -
Merck & Co., Inc., Long Equities -
Fox Corporation, Class "A", Long Equities, Cash-Covered Puts -
Netflix, Inc., Long Equities, Cash-Covered Puts -
Thermo Fisher Scientific Inc., Long Equities, Cash-Covered Puts -
Activision Blizzard, Inc., Cash-Covered Puts -
Huntsman Corporation, Cash-Covered Puts -
Total allocation in top holdings -
Oct Sep Aug Jul Jun May Apr Mar Feb Jan 2019
0.0458 0.0458 0.0458 0.0458 0.0458 0.0458 0.0458 0.0458 0.0458 0.0458 0.0458 0.0458
Management fee rates are applied back to dollar one
Fund Value %
$0K - $250K 1.850
$250K - $1MM 1.775
$1MM - $5MM 1.725
$5MM + 1.675

A. Not available for purchases, switches out only.

1. This monthly distribution is fixed but not guaranteed and may be adjusted from time to time at the discretion of the fund manager.

2 MER For the period ended June 30, 2020.

3. Risk rating measures the degree of uncertainty that an investor can handle regarding fluctuations in the value of their portfolio. The amount of risk associated with any particular investment depends largely on your own personal circumstances including your time horizon, liquidity needs, portfolio size, income, investment knowledge and attitude toward price fluctuations. Investors should consult their financial advisor before making a decision as to whether this mutual fund is a suitable investment for them.


The benchmark used for analytics for this fund is 50% CBOE S&P 500 Buy Write/50% CBOE S&P 500 Put Write.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing.

The indicated rates of return are the historical annual compounded total returns including changes in units [share] value and reinvestment of all distributions [dividends] and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values of the mutual fund or returns on investment in the mutual fund. Investments in mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Compound growth calculations are used only for the purpose of illustrating the effects of compound growth and are not intended to reflect future value of any mutual fund or returns on investment in any mutual fund.

R2 is a measurement out of 100 that shows the extent to which a portfolio’s movements can be explained by the benchmark's movements.

Standard deviation is a measure of volatility; it shows how broadly the Fund's returns have varied over a given time period.

Dynamic Fund Profile rendered at 2020-12-04 12:58:36 PM


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