Top Dogs of Discounted Dividend

Top Dogs of Discounted Dividend
Pensionizer Express ETF Proposal
A Published Solactive AG Index. 6-year Published Record.
Back tested by Index Provider to GFC (2008). 100 % Rules Based.
Designed to Be a Top Shelf Yield Seller. Stand alone or a Suite of Products.
Established CEF Index
18-Year Look Back Horison
Deep NAV Discount Harvesting
Top Shelf + Top 50 CEF Dogs Methods = Inevitable Co-Founders Story Success
Not investment advice. Not even close. Confidential . Qualified institutional eyes only.
© Pensionizer Corp. NDA? help@gameofyield.com. Yes, I can't be serious. Top 50 Index is. 
The Persistent CEF Mispricing Anomaly
9.92%
Annualized Performance Since Inception
Total Return index — distributions reinvested. Source: Solactive AG, March 2026.
5–15%
Persistent Discount Range
Structural inefficiency driven by retail redemption behavior, end-of-year tax-loss selling, and distribution timing mechanics.
CEFs are the only publicly traded vehicle where the same underlying assets can be acquired at a systematic 5–15% discount to intrinsic value — repeatedly, and with published index-level discipline.
Solactive Top 50 Index.
Published. Audited. 18-Year Track Record — 6 Years Live.
Index Identifiers
DE000SLA7YK7 — Total Return (TR)
DE000SLA7YH3 — Price Return (PR)
Live published index — early history includes backtest illustration per Solactive standard disclosure. Audited by Solactive AG.
Total Return Since Inception: 435% (June 2008)
The 435% total return since inception reflects the TR index (YK7), which reinvests distributions over 18 years. Bloomberg: SOLCEFT Index.
Track Record Breakdown
2008–2020: Historical backtest illustration (Solactive standard methodology)
2020–2026: Live published index — audited, real performance
Methodology
Systematic selection of the top 49 current index members ranked by NAV discount depth and distribution yield. Rules-based, transparent, replicable.
Stress-Tested Across Every Major Dislocation
2008 global financial crisis
2020 COVID drawdown
2022 rate shock cycle
Live period covers COVID drawdown (March 2020), 2022 rate shock cycle, and full recovery. Strategy held through both dislocations on real capital.
Published, audited& monitored in real time.
🔗 Verify on Solactive AG — Live Index Data
Designed by Yuri Kotik — 30+ years wealth management, CIBC Wood Gundy / RBC DS / Edward Jones/Macquarie . This is a published, live index. The performance is real.
Source: Solactive AG Factsheet, DE000SLA7YK7, March 5, 2026.
Two Paths to Distribution — Both Start Here.
1
PATH A — STRUCTURED NOTE
Near Term
In the past we already issued similar structured notes and SOLCEFT is a published Bloomberg index. A continuously issued note linked to the Solactive Top 50 CEF Index distributes through ScotiaMcLeod today — no ETF regulatory process required.
2
PATH B — ETF
Medium Term
Full Canadian shelf ETF listing. OSC prospectus. Seed capital threshold $5–10M. The structured note builds the live AUM track record that makes the ETF viable.
You've spent 28 years structuring, marketing, and distributing hybrid and fixed income products. We're building the next one. We'd like your input.
Term sheets received from one Canadian ETF provider and one US-based ETF provider — available on request.
Layer 2: DRIP Timing Signal — Quantified Edge
The alpha engine doesn't predict markets. It systematically exploits the mechanical timing inefficiency created by distribution reinvestment cycles — a structural behavioral gap most institutional desks have never priced.
730
DRIP events analyzed across the full dataset. Statistically significant sample across multiple market regimes.
+5.1 bps
Average execution improvement per triggered event. Per internal DRIP timing analysis — methodology available on request.
63.0%
Monthly win rate on signal-triggered entries. Consistent, statistically validated edge across 72-month backtest period.
Z-Score
Discount deviation from 52-week rolling mean triggers entries. RSI momentum filter applied to reduce false positives.
Full backtest methodology, signal logic documentation, and trade log available on request.
Source: Pensionizer Express backtest engine, Jan 2020–Feb 2026.
From Index to Execution — > Live Platform
NestJS · FastAPI · PostgreSQL ·
48,653 Weekly Data Points
30yr CEFConnect history
+3.0% Cumulative Alpha
Jan 2020–Feb 2026
63% Monthly Win Rate
72-month backtest
Momentum composite factor backtested and rejected — pure Z-score outperformed.
Real Time Top 20 Buy Sell Signals. Continuous Feed. 
Touch Screen Shot Below To Open Top 20 Heat Map.
From Signal to Execution — The Full Pipeline
1
Z-Score Signal
Discount deviation from 3yr rolling mean. 48-fund universe ranked weekly.
● LIVE
Statistically validated entry — removes guesswork from reinvestment timing.
2
Layer 2 Entry Filter
RSI · Price vs 20MA · Volume confirmation. Reduces false positives.
● LIVE
RSI + volume confirmation eliminates false positives before capital is deployed.
3
QuantConnect Strategy Engine
Backtested execution logic — rules-based, no discretion. Signals fire, orders execute automatically.
● IN DEVELOPMENT
Rules-based, fully auditable — every trade is logged, replicable, and defensible.
4
IBKR Autotrading
Direct market access via Interactive Brokers. Full DRIP automation — position sizing and tax-lot optimization.
● IN DEVELOPMENT
Zero execution latency — signals fire, orders execute, portfolio manages itself. No human delay.
Steps 1–2 live today at pensionizer.vercel.app
Why This Matters
1
No Behavioral Delay
Systematic execution captures the full discount mean-reversion window.
2
Fully Auditable Trail
Every signal and execution logged for compliance and reporting.
3
Advisor-Agnostic
Deploys over existing IBKR infrastructure — no custom buildout required.
The full pipeline is designed end-to-end. Steps 1 and 2 run today. Steps 3 and 4 represent the institutional-grade execution layer — the infrastructure institutional distribution network makes profitable at scale.
The Two-Tier Product Structure
TIER 1 — THE ETF (Foundation)
Solactive Top 50 Index
The proposed ETF vehicle — once listed, distributable through any Canadian dealer shelf. The Solactive Top 50 CEF Index (SOLCEFT) provides the published, audited underlying. Structuring, currency, and shelf pathway are the conversation.
TIER 2 — SIGNAL LAYER (Alpha Overlay)
Top 10 Z-Score Signals · +3.0% Cumulative Alpha vs Equal Weight Benchmark (Jan 2020–Feb 2026) · 63% Monthly Win Rate
Proprietary. Advisor-exclusive access. Directs DRIP reinvestment into the statistically most undervalued funds within the Solactive Top 50 universe. Alpha generated purely from reinvestment direction — no leverage, no market timing, no holdings outside the index
The ETF creates the passive vehicle. The signal layer creates active advisor differentiation. Both require the same foundational asset: dealer shelf access.
The "CEF Income Gap" in Canadian ETFs Landscape.
No Canadian-listed ETF offers systematic NAV discount arbitrage on a published rules-based CEF index. US competitors (CCEF, CEFS, FCEF) exist but are actively managed with discretionary stock selection — not rules-based, not index-published, not available on Canadian dealer shelves.
*Discretionary stock selection — not rules-based index methodology.
This is not a crowded trade. The combination of published index discipline, systematic discount capture, and an active signal overlay has no direct Canadian equivalent on any major dealer shelf today.
Meet the Pensionizer Express Team
Our dedicated crew brings your vision from concept to cash flow, bridging the CEF income gap with custom design and strategic expertise.
Anshul Ruhil — Technology & Platform
University of Waterloo, Honours Computer Science
Software engineering: Ecobee, OpenLane, Andersen
Built Pensionizer Express: live signal engine, backtesting infrastructure, autotrading pipeline
Solo-built FIPPA/PIPEDA compliant institutional platform, Durham District School Board
Yuri B. Kotik, PhD — Strategy & Indexing
30+ years wealth management: CIBC Wood Gundy, RBC, Edward Jones
Designer of the published Solactive Top 50 CEF Index
Author of the CEF Doctrine methodology
Inaugural index inception pre-2008 — lived through every regime since
Two choices One Can make.
One Outcome Clients Want.
1
2
1
The Noise Machine
Costly. Complicated. Confusing.
A hodge podge of uncoordinated parts
Conflicting signals from 12 different products
Overdiversification that cancels itself out
Fees stacked on fees stacked on fees
No one at the wheel — everyone's "managing"
Red, yellow, green, red, yellow... repeat
2
The CEF Income Engine
Set IT. Forget it. Collect Cashflow.
One index. 50 CEFs. Rules-based. Published.
Dividends + Discounts working together
Systematic. Structural. Institutional-grade.
One signal. One direction. All green.
Built on Solactive rails — not discretion
Green. Green. Green.
If you are Canadian. Dear Fellow Citizen!
There are Hundreds of Yield ETFs. And Yet.
None Offers Diversification, Distribution,
And Deep Discounts on CEF Indexes Rails. 
To Say Nothing of Beating the Benchmark. 
I mean, until today, obviously, not trying to insult anyone's intelligence. Also making a point. Always. And I mean it.
So, always read the fine print. This is where devilish details tend to hide. Back to our feature presentation. Keep scrolling, eh?
One Lab. One Time. 20/20 View Top Quintile Ticketing. Going OnceOnly.
Canada's Next Income Category Is Being Built Right Now.
🔬 The Lab
Pensionizer-powered V-ETF LAB — live trade technology producing institutional-grade yields + discount capture.
🏭 The Factory
First VTFs (V-Sign Monthly Money Vehicles) shelf-ready for ETF packaging and model portfolios. index-backed. All-green signal.
💺 Your Seat
Founding Partner in the Club DD Lab. $5M CAD pre-money valuation. $1.00M round to scale and launch.
Dibs on Club Dividend Detective
Discounted Dividend Strategies.
So, if you do HAVE a Million Dollars
Everything Points in One Direction
$5M CAD Valuation. Early Bird Value.
Always read the small script. You know what I'm saying.
No disrespect. This is the Proposal you can refuse. But, to borow from Barenaked Ladies Band,
If you do have a million dollars, be a Cofounder before someone else on Bay or Wall Street wakes up, eh !
"The index is published. The platform is live and the numbers speak for themselves.
The only thing missing is Green light. Dividends and Discounts are only working for Investors when it is on tracks of Institutional Distribution — that's why we're here."
Yuri Kotik
Strategy & Index
HELP@GAMEOFYIELD.COM
Anshul Ruhil
Technology & Platform
CTO@GAMEOFYIELD.COM
Early Bird Promo is Live
Dividend @ Discount Delivery.
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Confidential . Qualified Institutional Discussion Only