Purpose Global Bond ETF (BND.TO)
17.23
+0.04
(+0.23%)
CAD |
TSX |
Apr 24, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.43% | 0.16% | 656.86M | 5898.97 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 5.35% | 44.38% | 110.28M | Upgrade |
Basic Info
| Investment Strategy | |
| The fund seeks to achieve a positive total return (including through both capital appreciation and distributions) in diverse market environments over time by tactically allocating its assets primarily among a broad range of government and corporate investment grade fixed income securities from around the world. The fund will obtain exposure primarily to a portfolio (the “Portfolio”) of government and corporate investment grade fixed income securities from around the world, the average rating of which will be investment grade. The fund may invest up to 20% of its net asset value in high yield fixed income securities rated below investment grade and up to 15% of its net asset value in structured corporate credit products such as CLO debt tranches and other types of asset-backed securities. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Small Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Fixed Income |
| Category Name | Multi-Sector Fixed Income |
| Category Index | Morningstar Gbl Core Bd GR CAD |
| Global Category Name | Global Fixed Income |
| YCharts Categorization | Global Fixed Income |
| YCharts Benchmark | Bloomberg Global Aggregate (^BBGATR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Purpose Investments Inc. |
| Prospectus Benchmark Index | |
| FTSE TMX Canada Corporate Bond TR CAD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBGATRCADH | 100.0% |
| Manager Tenure | |
| Thomas Sobanksi | 5.42 yrs |
Performance Versus Category
As of April 24, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 24, 2024.
Basic Info
| Investment Strategy | |
| The fund seeks to achieve a positive total return (including through both capital appreciation and distributions) in diverse market environments over time by tactically allocating its assets primarily among a broad range of government and corporate investment grade fixed income securities from around the world. The fund will obtain exposure primarily to a portfolio (the “Portfolio”) of government and corporate investment grade fixed income securities from around the world, the average rating of which will be investment grade. The fund may invest up to 20% of its net asset value in high yield fixed income securities rated below investment grade and up to 15% of its net asset value in structured corporate credit products such as CLO debt tranches and other types of asset-backed securities. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Small Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Fixed Income |
| Category Name | Multi-Sector Fixed Income |
| Category Index | Morningstar Gbl Core Bd GR CAD |
| Global Category Name | Global Fixed Income |
| YCharts Categorization | Global Fixed Income |
| YCharts Benchmark | Bloomberg Global Aggregate (^BBGATR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Purpose Investments Inc. |
| Prospectus Benchmark Index | |
| FTSE TMX Canada Corporate Bond TR CAD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBGATRCADH | 100.0% |
| Manager Tenure | |
| Thomas Sobanksi | 5.42 yrs |