Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.17% -0.00% 4.939B 100054.3
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
5.04% 0.00% 999.27M Upgrade

Basic Info

Investment Strategy
The fund seeks to maximize monthly income for unitholders while preserving capital and liquidity by investing in high interest deposit accounts. The fund invests substantially all of its assets in high interest deposit accounts with one or more Chartered Banks and/or Canadian Credit Unions.
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
Vlad Tasevski 10.47 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of April 17, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
1.09%
1.65%
2.22%
0.93%
0.60%
2.33%
5.12%
1.43%
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--
0.42%
-0.03%
1.51%
4.60%
1.41%
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0.89%
0.57%
2.35%
5.10%
1.45%
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0.92%
0.55%
2.30%
5.04%
1.40%
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1.47%
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2.38%
5.11%
1.44%
As of April 17, 2024.

Asset Allocation

As of March 31, 2024.
Type % Net % Long % Short
Cash 99.09% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 0.91% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The fund seeks to maximize monthly income for unitholders while preserving capital and liquidity by investing in high interest deposit accounts. The fund invests substantially all of its assets in high interest deposit accounts with one or more Chartered Banks and/or Canadian Credit Unions.
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
Vlad Tasevski 10.47 yrs

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