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Posted by
Two Blokes Jun 14 -
Filed in
Stock
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YTSL:CA's 40% price drop is due to its leveraged covered call strategy, not necessarily a fundamental flaw in the ETF itself. The ETF offers a high 27% yield, but this comes at the cost of significant NAV erosion, making it unsuitable for capital preservation. YTSL:CA is best suited for income-focused Canadian investors seeking steady monthly payouts from a volatile stock, not for those seeking upside capture.
