Dynamic Premium Yield PLUS Fund ETF USD Unhedged Units Trust (Unhedged)TSX: DPAY.U

Dynamic launches ETF Series of Dynamic Premium Yield PLUS Fund

· Issued by Dynamic Premium Yield PLUS Fund ETF USD Unhedged Units Trust (Unhedged) via CNW

Summary by 6ix AI

Dynamic, a division of 1832 Asset Management L.P., launched three exchange-traded fund (ETF) series of Dynamic Premium Yield PLUS Fund on November 2, 2026. The series have closed their initial offerings of units.

Key details

  • Ticker symbols: DPAY for ETF Units in CAD, DPAY.U for ETF USD Unhedged Units in USD, and DPAY.V for ETF USD Hedged Units in USD.
  • The fund seeks long-term capital appreciation by investing primarily in a diversified portfolio of largely U.S. securities and some global securities, while employing an actively managed options-writing strategy (selling options contracts), which Dynamic says generates premium yield.
  • The fund is managed by Damian Hoang, Vice President and Senior Portfolio Manager, and Derek Bastien, Vice President and Portfolio Manager, part of the Quantamental Team, which manages more than $25 billion in assets as at September 30, 2026.

What’s still pending

  • Trading on the Toronto Stock Exchange (TSX) is expected to begin on November 2, 2026.

6ix AI wrote this summary from the release below and checked it against the release.

TORONTO, Nov. 2, 2026 /CNW/ -- Dynamic today announced the launch of three ETF series of Dynamic Premium Yield PLUS Fund, expanding investor access to its actively managed options-based liquid alternative strategy through the flexibility and convenience of an ETF.

Dynamic Logo

The new ETF series have closed their initial offerings of units and are expected to begin trading on the Toronto Stock Exchange (TSX) today under the following ticker symbols:

Fund

ETF Series

Ticker

Currency

Dynamic Premium Yield PLUS Fund

ETF Units

DPAY

CAD

Dynamic Premium Yield PLUS Fund

ETF USD Unhedged Units

DPAY.U

USD

Dynamic Premium Yield PLUS Fund

ETF USD Hedged Units

DPAY.V

USD

Dynamic Premium Yield PLUS Fund seeks to provide long-term capital appreciation by investing primarily in a diversified portfolio of largely U.S. securities and some global securities while employing an actively managed options-writing strategy, which generates premium yield.

"Investors shouldn't have to choose between attractive yield and long-term growth potential," said Mark Brisley, Head of Dynamic. "By bringing Dynamic Premium Yield PLUS Fund to the ETF market, we are making an established, actively managed options strategy more accessible—giving investors greater choice and flexibility in how they pursue their investment goals."

The fund is managed by Damian Hoang, Vice President and Senior Portfolio Manager, and Derek Bastien, Vice President and Portfolio Manager. Drawing on extensive experience in multi-asset investing, fundamental and quantitative analysis, derivatives-based strategies and portfolio construction, the team applies an active investment approach designed to generate long-term capital appreciation and premium yield while seeking attractive risk-adjusted returns. Together, they are part of the Quantamental Team, which manages more than $25 billion in assets as at September 30, 2026.

To learn more about Dynamic Premium Yield PLUS Fund and other Dynamic solutions, please visit the Dynamic website.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments, including exchange-traded funds (ETFs). Please read the prospectus before investing. The securities held by an ETF can change at any time without notice. Mutual funds and ETFs are not guaranteed, their values change frequently, and past performance may not be repeated.

About Dynamic

Dynamic is a division of 1832 Asset Management L.P., which offers a range of wealth management solutions, including mutual funds, actively managed ETFs, liquid alternative mutual funds, private asset solutions and investment solutions for private clients, institutions and managed asset programs. 1832 Asset Management L.P. is a limited partnership, the general partner of which is wholly owned by Scotiabank. Dynamic® is a registered trademark of The Bank of Nova Scotia, used under license by 1832 Asset Management L.P.

© Copyright 2026 The Bank of Nova Scotia. All rights reserved.

SOURCE Dynamic Funds

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