Purpose Real Estate Income Fund ETF (PHR.TO)
18.30
0.00 (0.00%)
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 |
---|---|---|---|
0.78% | 1.39% | 20.72M | 635.63 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
4.72% | 21.59% | -385227.6 | Upgrade |
Basic Info
Investment Strategy | |
The fund seeks to (i) provide shareholders with long-term capital appreciation by investing in a portfolio of real estate focused equity securities listed on major North American exchanges and (ii) reduce the risk of rising interest rates associated with real estate equity securities by tactically hedging the duration of the portfolio. The fund uses an active, fundamental approach to investing in real estate equities. The fund will also employ technical analysis to assist in security selection drawing on macroeconomic factors and trends in addition to company-specific growth, equity and value factors. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Small Cap/Blend |
Fixed Income Style | -- |
Broad Asset Class | -- |
Broad Category | Equity |
Category Name | Real Estate Equity |
Category Index | Morningstar DM REIT NR CAD |
Global Category Name | Real Estate Sector Equity |
YCharts Categorization | Real Estate Equity |
YCharts Benchmark | S&P 1500 Real Estate (Sector) Total Return (^SP15RESTR) |
Prospectus Objective | -- |
Fund Owner Firm Name | Purpose Investments Inc. |
Prospectus Benchmark Index | |
DJ US Real Estate TR USD | 50.00% |
S&P/TSX Capped REIT TR USD | 50.00% |
Broad Asset Class Benchmark Index | |
^SPTSX60TR | 100.0% |
Manager Tenure | |
William McNabb | 9.93 yrs |
Barry Morrison | 3.66 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 (i) provide shareholders with long-term capital appreciation by investing in a portfolio of real estate focused equity securities listed on major North American exchanges and (ii) reduce the risk of rising interest rates associated with real estate equity securities by tactically hedging the duration of the portfolio. The fund uses an active, fundamental approach to investing in real estate equities. The fund will also employ technical analysis to assist in security selection drawing on macroeconomic factors and trends in addition to company-specific growth, equity and value factors. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Small Cap/Blend |
Fixed Income Style | -- |
Broad Asset Class | -- |
Broad Category | Equity |
Category Name | Real Estate Equity |
Category Index | Morningstar DM REIT NR CAD |
Global Category Name | Real Estate Sector Equity |
YCharts Categorization | Real Estate Equity |
YCharts Benchmark | S&P 1500 Real Estate (Sector) Total Return (^SP15RESTR) |
Prospectus Objective | -- |
Fund Owner Firm Name | Purpose Investments Inc. |
Prospectus Benchmark Index | |
DJ US Real Estate TR USD | 50.00% |
S&P/TSX Capped REIT TR USD | 50.00% |
Broad Asset Class Benchmark Index | |
^SPTSX60TR | 100.0% |
Manager Tenure | |
William McNabb | 9.93 yrs |
Barry Morrison | 3.66 yrs |