WHY INVEST IN DYNAMIC PREMIUM YIELD FUND

  • 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.

PORTFOLIO MANAGEMENT

LITERATURE

PERFORMANCE

CALENDAR RETURNS (%) As at 02/29/2024

YTD20232022202120202019201820172016
3.521.3-0.713.23.89.8-1.38.10.4

COMPOUND RETURNS (%) As at 02/29/2024

1 month3 months6 months1 year3 years5 years10 yearsInception
2.63.96.319.69.88.77.3

ASSET
ALLOCATION

As at 02/29/2024

valueholding
84.4%Cash-Covered Puts
15.1%Net Long Equities + Covered Calls
0.5%Cash, Short-Term Investments & Other Net Assets6

GEOGRAPHIC
ALLOCATION

As at 02/29/2024

valueholding
96.3%United States
3.7%Canada

SECTOR
ALLOCATION

As at 02/29/2024

valueholding
19.8%Health Care
16.0%Information Technology
14.9%Communication Services
14.5%Consumer Discretionary
14.2%Energy
12.2%Materials
3.4%Financials
2.9%Industrials
2.1%Consumer Staples

TOP EQUITY HOLDINGS (%)

As at 02/29/2024

Meta Platforms, Inc., Class "A", Long Equities, Covered Calls, Cash-Covered Puts-
Amazon.com, Inc., Long Equities, Cash-Covered Puts-
Microsoft Corporation, Long Equities, Covered Calls, Cash-Covered Puts-
Medtronic PLC, Long Equities, Cash-Covered Puts-
Huntsman Corporation, Long Equities, Cash-Covered Puts-
Take-Two Interactive Software, Inc., Cash-Covered Puts-
Cenovus Energy Inc., Long Equities, Covered Calls, Cash-Covered Puts-
Ball Corporation, Long Equities, Covered Calls, Cash-Covered Puts-
UnitedHealth Group Incorporated, Long Equities, Covered Calls, Cash-Covered Puts-
ON Semiconductor Corporation, Covered Calls, Covered Puts-
Total allocation in top holdings-

HISTORICAL DISTRIBUTIONS ($/unit)

2024
Feb
2024
Jan
DecNovOctSepAugJulJunMayAprMar
0.05360.05360.22850.05360.05360.05360.04190.04190.04190.04190.04190.0419

DYNAMIC PREFERRED PRICING

Management fee rates are applied back to dollar one

Fund Value %
$0K - $250K1.850
$250K - $1M1.775
$1M - $5M1.725
$5M+1.675
Notes
  • 1. For the period ended 2023-06-30.
  • 2. This Monthly distribution is fixed but not guaranteed and may be adjusted from time to time at the discretion of the fund manager.
  • 3. The yield is determined by annualizing the fixed distribution rate and does not include any distributions in excess of the fixed distribution rate that may be paid at the fundā€™s year-end.
  • 4. 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.
  • 5. Not available for purchases, switches out only.
  • 6. This can also include synthetic cash.
  • 7. This includes shorts
Disclaimer
      • . 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.
          Dynamic Fund Profile rendered at 2024-03-29 05:26:25 AM
          2470

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