Purpose US Cash ETF (PSU.U.TO)
100.28
0.00 (0.00%)
USD |
TSX |
Apr 16, 10:11
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% | 673.65M | 10594.17 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 5.30% | 0.00% | 71.06M | Upgrade |
Basic Info
| Investment Strategy | |
| The fund seeks to maximize U.S. dollar monthly income for shareholders while preserving capital and liquidity by investing primarily in high interest deposit accounts and high-quality money market securities denominated in U.S. dollars and generally with term to maturity not exceeding one year. To achieve its investment objectives the fund will invest primarily U.S. dollar denominated high interest deposit accounts with one or more Canadian chartered banks and/or Canadian Credit Unions. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Money Market |
| Broad Category | Money Market |
| Category Name | US Money Market |
| Category Index | Morningstar US Cash T-bill TR USD |
| Global Category Name | US Money Market |
| YCharts Categorization | Money Market |
| YCharts Benchmark | Bloomberg US Treasury Bills 1-3 Month (^BBUTB13MTR) |
| 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 | 8.11 yrs |
Performance Versus Category
As of April 15, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 15, 2024.
Basic Info
| Investment Strategy | |
| The fund seeks to maximize U.S. dollar monthly income for shareholders while preserving capital and liquidity by investing primarily in high interest deposit accounts and high-quality money market securities denominated in U.S. dollars and generally with term to maturity not exceeding one year. To achieve its investment objectives the fund will invest primarily U.S. dollar denominated high interest deposit accounts with one or more Canadian chartered banks and/or Canadian Credit Unions. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Money Market |
| Broad Category | Money Market |
| Category Name | US Money Market |
| Category Index | Morningstar US Cash T-bill TR USD |
| Global Category Name | US Money Market |
| YCharts Categorization | Money Market |
| YCharts Benchmark | Bloomberg US Treasury Bills 1-3 Month (^BBUTB13MTR) |
| 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 | 8.11 yrs |