My 21% yielding ETF portfolio continues to outperform major benchmarks in yield and total return, with recent strategic additions enhancing diversification. I replaced funds (AMZP, NVHE.U) with better suited ETFs, including quality Canadian and international equities with covered call overlays and modest leverage. New positions like CANY:CA, SIXY:CA, INTY:CA, YNVD:CA, YAVG:CA, and TDAX/TDAQ target sustainable high income, robust EPS growth, and exposure to leading sectors.
Amazon (AMZN) offers strong, diversified future growth, making it a compelling base for sustainable covered call income ETFs. AMZP outperforms peers and AMZN itself (over most time frames) in total return, with a 20.95% TTM yield and resilient price performance. Kurv Investment Management's expertise and focused strategy enhance AMZP's appeal, though fund size and liquidity warrant monitoring.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 406 | $10,829.06 | $11,520.25 | $691.19 | 6.38% |
| BATS Exchange | US Country |
The fund represents a specialized investment vehicle, an actively managed exchange traded fund (ETF), focusing primarily on generating current income for its investors with a specific interest in Amazon.com, Inc. (AMZN). By targeting the common stock of AMZN, the fund aims to provide investors with exposure to the stock's price returns while simultaneously limiting the potential investment gains that could be realized through share price appreciation. This selective investment strategy reflects a unique approach, tailored to navigate through various market, economic, or other prevailing conditions without diversifying its holdings. The singular focus on AMZN places the fund in a distinct position within the spectrum of investment options, particularly for those investors looking to derive income from their investment while maintaining a degree of exposure to the e-commerce and tech giant.
This product offers the dynamic management of an ETF that seeks to generate current income for investors. The fund's investment strategy revolves around exposure to Amazon.com, Inc.'s share price movements while consciously limiting the risks and rewards associated with direct stock price appreciation. This active management approach allows the fund to adapt to changing market conditions, aiming to optimize returns for its investors.
The core service of the fund is to provide investors with a steady stream of current income, coupled with the opportunity for exposure to the share price of AMZN. This service is particularly tailored for investors who desire to benefit from the growth and market presence of Amazon.com, Inc., without committing to the full volatility that might accompany direct investment in the company's stock. The design of this service emphasizes income generation while engaging with the market performance of a leading technology and e-commerce enterprise.
By maintaining a non-diversified investment approach, the fund focuses its resources and strategies intensively on AMZN. This concentrated investment ethos differentiates the fund from diversified portfolios, aiming to provide investors with a more directed and potentially impactful investment experience revolving around a single, high-profile entity. This strategy is designed for investors looking for targeted exposure to AMZN's performance within a structured, income-generating framework.