Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Purpose Bitcoin CAD ETF Currency Hedged T.BTCC

Alternate Symbol(s):  T.BTCC.J | T.BTCC.U | PRBEF | PPBCF | T.BTCC.B

Purpose Bitcoin ETF (the Fund) seeks to buy and hold substantially all of its assets in the digital currency Bitcoin and seeks to provide unitholders of ETF units with the opportunity for long-term capital appreciation. To achieve its investment objective, the Fund invests in and holds substantially all of its assets in Bitcoin in order to provide unitholders with a secure, convenient, lower... see more

TSX:BTCC - Post Discussion

Purpose Bitcoin CAD ETF Currency Hedged > Can this be traded like any other stock?
View:
Post by opsd1 on Feb 20, 2021 12:37pm

Can this be traded like any other stock?

Or are there additional fees?
Comment by B4UInvest on Feb 20, 2021 12:49pm
Purpose has a 1% management fee for this ETF, other than that it trades like any other stock But I wonder with the seeming SP confusion, have they been taking their fees
Comment by Mat1791 on Feb 20, 2021 2:19pm
The fees are 1% plus HST (13%) = 1.13%.  The are calculated daily at average NAV and paid to the fund in arrears the following month. However, I'm not sure if they are accounted for each day when calculating NAV.  I would guess yes. I also have assumed that the valuation of NAV is happening at the close of N.A. markets daily, 4:00pm.  I sent the company an email to verify, as ...more  
Purpose Bitcoin CAD ETF Currency Hedged
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
{{currentVideo.headline}}
{{currentVideo.link1Text}}
{{currentVideo.link2Text}}
< Previous
{{moreVideoText}}
Next >
Dealroom for high-potential pre-IPO opportunities