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PSU-U

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1d
1w
1m

Analysis and statistics

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About

PSU-U.TO represents the Horizons US Large Cap Equity Covered Call ETF (USD Units). It's a Canadian-listed exchange-traded fund that aims to provide income and moderate capital appreciation by investing in a portfolio of U.S. large-cap companies and writing covered call options on a portion of that portfolio. Because the units are denominated in USD, it makes it accessible to investors who want to invest in U.S. equities and receive distributions in U.S. dollars, while potentially mitigating some downside risk through the covered call strategy. Investors should review the fund's prospectus for detailed information on its investment strategy, risks, and fees before investing.
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Factors

Fund Performance: How well the underlying U.S. high-yield bonds in the portfolio perform.

Interest Rates: Rising U.S. interest rates can decrease the value of the bonds held by the ETF.

Credit Spreads: Widening credit spreads signal increased risk and lower bond prices.

Market Sentiment: General investor risk appetite affects demand for high-yield assets.

Currency Fluctuations: Changes in the CAD/USD exchange rate impact returns for Canadian investors.

Supply and Demand: Trading activity and order flow can create short-term price variations.

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