Purpose Credit Opportunities ETF (CROP.TO)
18.06
+0.02
(+0.11%)
CAD |
TSX |
Jun 14, 16:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.98% | 0.27% | 557.63M | 6225.57 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
5.81% | 51.22% | 22.95M | Upgrade |
Basic Info
Investment Strategy | |
The fund seeks to maximize total returns for unitholders, consisting of both distributions and capital appreciation. The fund invests, directly or indirectly, primarily in debt and equity securities of non-investment grade rated, publicly traded issuers. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Small Cap/Value |
Fixed Income Style | -- |
Broad Asset Class | -- |
Broad Category | Alternative |
Category Name | Alternative Credit Focused |
Category Index | Morningstar CAD O/N Cash GR CAD |
Global Category Name | Alternative Miscellaneous |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | -- |
Fund Owner Firm Name | Purpose Investments Inc. |
Prospectus Benchmark Index | |
ICE BofA US Cash Pay HY TR USD | 70.00% |
S&P 500 TR CAD | 30.00% |
Broad Asset Class Benchmark Index | |
^SPTSX60TR | 100.0% |
Manager Tenure | |
Sandy Liang | 7.93 yrs |
Performance Versus Category
As of June 14, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of June 14, 2024.
Basic Info
Investment Strategy | |
The fund seeks to maximize total returns for unitholders, consisting of both distributions and capital appreciation. The fund invests, directly or indirectly, primarily in debt and equity securities of non-investment grade rated, publicly traded issuers. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Small Cap/Value |
Fixed Income Style | -- |
Broad Asset Class | -- |
Broad Category | Alternative |
Category Name | Alternative Credit Focused |
Category Index | Morningstar CAD O/N Cash GR CAD |
Global Category Name | Alternative Miscellaneous |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | -- |
Fund Owner Firm Name | Purpose Investments Inc. |
Prospectus Benchmark Index | |
ICE BofA US Cash Pay HY TR USD | 70.00% |
S&P 500 TR CAD | 30.00% |
Broad Asset Class Benchmark Index | |
^SPTSX60TR | 100.0% |
Manager Tenure | |
Sandy Liang | 7.93 yrs |