Purpose Core Equity Income ETF (RDE.NO)
25.71
-0.05
(-0.19%)
CAD |
NEO |
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 |
|---|---|---|---|
| 0.81% | 0.02% | 200.86M | 3056.23 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 3.73% | 58.17% | 22.60M | Upgrade |
Basic Info
| Investment Strategy | |
| The objective of the Fund is to outperform the Canadian equity market over a time period longer than 5 years, by investing primarily in large capitalization, dividend paying stocks of Canadian issuers. To assist in achieving this objective, the Fund may, from time to time, overweight its assets in specific industry sectors, and the Fund may also invest in U.S. stocks to provide greater return potential and better diversification. Any change to the fundamental investment objectives must be approved by a majority of votes cast at a meeting of securityholders called for that purpose. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Equity |
| Category Name | Canadian Dividend & Income Equity |
| Category Index | Morningstar Canada GR CAD |
| Global Category Name | Canadian Equity Large Cap |
| YCharts Categorization | Canada Large Cap |
| YCharts Benchmark | S&P/TSX 60 Index (^TX60) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Purpose Investments Inc. |
| Prospectus Benchmark Index | |
| S&P/TSX Composite TR | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Craig Basinger | 6.86 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 objective of the Fund is to outperform the Canadian equity market over a time period longer than 5 years, by investing primarily in large capitalization, dividend paying stocks of Canadian issuers. To assist in achieving this objective, the Fund may, from time to time, overweight its assets in specific industry sectors, and the Fund may also invest in U.S. stocks to provide greater return potential and better diversification. Any change to the fundamental investment objectives must be approved by a majority of votes cast at a meeting of securityholders called for that purpose. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Equity |
| Category Name | Canadian Dividend & Income Equity |
| Category Index | Morningstar Canada GR CAD |
| Global Category Name | Canadian Equity Large Cap |
| YCharts Categorization | Canada Large Cap |
| YCharts Benchmark | S&P/TSX 60 Index (^TX60) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Purpose Investments Inc. |
| Prospectus Benchmark Index | |
| S&P/TSX Composite TR | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Craig Basinger | 6.86 yrs |