Purpose Monthly Income ETF (PIN.TO)
17.09
0.00 (0.00%)
CAD |
TSX |
Apr 25, 16:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.72% | -0.24% | 25.05M | 173.50 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
5.83% | 68.75% | 13.64M | Upgrade |
Basic Info
Investment Strategy | |
The fund seeks to (i) maximize total return, consisting of dividend income and capital appreciation by tactically investing in a broad range of asset classes which may include equity, fixed income and inflation sensitive securities and cash; and (ii) provide shareholders with stable monthly distributions. The fund is tactically managed across a broad range of asset classes including equities, fixed income, inflation sensitive securities and cash, with the goal of achieving a positive total return in diverse market environments while reducing portfolio risk. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Large Cap/Value |
Fixed Income Style | -- |
Broad Asset Class | -- |
Broad Category | Allocation |
Category Name | Global Neutral Balanced |
Category Index | Morningstar Can Neu Gbl Tgt Alloc NR CAD |
Global Category Name | Moderate Allocation |
YCharts Categorization | Target Allocation |
YCharts Benchmark | S&P Target Risk Moderate Index (^STRB) |
Prospectus Objective | -- |
Fund Owner Firm Name | Purpose Investments Inc. |
Prospectus Benchmark Index | |
FTSE Canada Universe Bond | 50.00% |
S&P 500 TR Hdg CAD | 20.00% |
S&P/TSX 60 TR CAD | 30.00% |
Broad Asset Class Benchmark Index | |
^SPTSX60TR | 100.0% |
Manager Tenure | |
Frank Maeba | 10.58 yrs |
Performance Versus Category
As of April 25, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 25, 2024.
Basic Info
Investment Strategy | |
The fund seeks to (i) maximize total return, consisting of dividend income and capital appreciation by tactically investing in a broad range of asset classes which may include equity, fixed income and inflation sensitive securities and cash; and (ii) provide shareholders with stable monthly distributions. The fund is tactically managed across a broad range of asset classes including equities, fixed income, inflation sensitive securities and cash, with the goal of achieving a positive total return in diverse market environments while reducing portfolio risk. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Large Cap/Value |
Fixed Income Style | -- |
Broad Asset Class | -- |
Broad Category | Allocation |
Category Name | Global Neutral Balanced |
Category Index | Morningstar Can Neu Gbl Tgt Alloc NR CAD |
Global Category Name | Moderate Allocation |
YCharts Categorization | Target Allocation |
YCharts Benchmark | S&P Target Risk Moderate Index (^STRB) |
Prospectus Objective | -- |
Fund Owner Firm Name | Purpose Investments Inc. |
Prospectus Benchmark Index | |
FTSE Canada Universe Bond | 50.00% |
S&P 500 TR Hdg CAD | 20.00% |
S&P/TSX 60 TR CAD | 30.00% |
Broad Asset Class Benchmark Index | |
^SPTSX60TR | 100.0% |
Manager Tenure | |
Frank Maeba | 10.58 yrs |