Purpose Cash Management ETF (MNY.TO)
100.14
+0.01
(+0.01%)
CAD |
TSX |
May 06, 15:32
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.23% | 0.03% | 748.46M | 11107.07 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 5.44% | 1.00% | 505.38M | Upgrade |
Basic Info
| Investment Strategy | |
| The fund seeks to earn a high rate of income, while at the same time preserving capital and maintaining liquidity, by investing primarily in high-quality debt securities, generally maturing in not more than one year. To achieve its investment objectives the fund intends to have a significant proportion of its portfolio invested in high-quality short term corporate debt instruments. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | High Quality/Limited Sensitivity |
| Broad Asset Class | Money Market |
| Broad Category | Money Market |
| Category Name | Canadian Money Market |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Canada Money Market |
| YCharts Categorization | Utilities Equity |
| YCharts Benchmark | S&P 500 Utilities (Sector) Total Return (^SPXUSTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Purpose Investments Inc. |
| Prospectus Benchmark Index | |
| N/A | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUT13MTCH | 100.0% |
| Manager Tenure | |
| Not Disclosed | 1.63 yrs |
Performance Versus Category
As of May 03, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 03, 2024.
Basic Info
| Investment Strategy | |
| The fund seeks to earn a high rate of income, while at the same time preserving capital and maintaining liquidity, by investing primarily in high-quality debt securities, generally maturing in not more than one year. To achieve its investment objectives the fund intends to have a significant proportion of its portfolio invested in high-quality short term corporate debt instruments. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | High Quality/Limited Sensitivity |
| Broad Asset Class | Money Market |
| Broad Category | Money Market |
| Category Name | Canadian Money Market |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Canada Money Market |
| YCharts Categorization | Utilities Equity |
| YCharts Benchmark | S&P 500 Utilities (Sector) Total Return (^SPXUSTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Purpose Investments Inc. |
| Prospectus Benchmark Index | |
| N/A | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUT13MTCH | 100.0% |
| Manager Tenure | |
| Not Disclosed | 1.63 yrs |