{"id":15192,"date":"2025-02-21T06:53:17","date_gmt":"2025-02-21T06:53:17","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2025\/02\/21\/new-purpose-etfs-give-canadian-investors-access-to-leading-tech-stocks\/"},"modified":"2025-02-21T06:53:17","modified_gmt":"2025-02-21T06:53:17","slug":"new-purpose-etfs-give-canadian-investors-access-to-leading-tech-stocks","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2025\/02\/21\/new-purpose-etfs-give-canadian-investors-access-to-leading-tech-stocks\/","title":{"rendered":"New Purpose ETFs Give Canadian Investors Access to Leading Tech Stocks"},"content":{"rendered":"<p><strong>Asset management firm Purpose Investments launched seven new yield shares exchange-traded funds (ETFs) on Thursday (February 20), including four that offer Canadians exposure to key tech companies. <\/strong><\/p>\n<div class=\"rebellt-item                                col1\">\n<h3>                            Purpose Investments\u2019 new ETF lineup                                <\/h3>\n<p>Three of Purpose\u2019s ETFs \u2014 the Palantir (PLTR) Yield Shares Purpose ETF (CBOE:YPLT), the Coinbase (COIN) Yield Shares Purpose ETF (CBOE:YCON) and the Broadcom (AGO) Yield Shares Purpose ETF (CBOE:YAVG) \u2014 offer concentrated exposure to leading enterprises in the defense, blockchain and artificial intelligence sectors. <\/p>\n<p>The Tech Innovators Yield Shares Purpose ETF (CBOE:YMAG) offers exposure to the largest and most influential earners on the Nasdaq. Known by the acronym BATMMAAN, the basket of tech stocks in this ETF are Broadcom (NASDAQ:AVGO), Alphabet (NASDAQ:GOOGL), Tesla (NASDAQ:TSLA), Meta Platforms (NASDAQ:META), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL) and NVIDIA (NASDAQ:NVDA).<\/p>\n<p>\u201cThe Tech Innovators Yield Shares is an exciting evolution of our suite, bringing together industry giants with a sophisticated strategy that allows investors to participate in their growth while generating enhanced, diversified income. This powerful blend of innovation and yield is designed to meet the needs of today\u2019s investors,\u201d said Nick Mersch, portfolio manager for Purpose\u2019s Yield Shares division in a press release.<\/p>\n<p>The remaining three ETFs offer exposure to Costco (NASDAQ:COST), UnitedHealth Group (NYSE:UNH) and Netflix (NASDAQ:NFLX). Their names and tickers are as follows: <\/p>\n<p>All seven ETFs use a covered call strategy to generate attractive monthly distributions. <\/p>\n<p>This approach allows investors to potentially earn a higher income than traditional dividend yields while maintaining exposure to the performance of these leading companies.<\/p>\n<p>The Yield Shares ETFs are available for purchase through brokers and investment advisors.<\/p>\n<\/div>\n<p><strong>Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Asset management firm Purpose Investments launched seven new yield shares exchange-traded funds (ETFs) on Thursday (February 20), including four that offer Canadians exposure to key tech companies. Purpose Investments\u2019 new ETF lineup Three of Purpose\u2019s ETFs \u2014 the Palantir (PLTR) Yield Shares Purpose ETF (CBOE:YPLT), the Coinbase (COIN) Yield Shares Purpose ETF (CBOE:YCON) and the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":15193,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-15192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/15192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=15192"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/15192\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/15193"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=15192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=15192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=15192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}