Purpose Emerging Markets Dividend ETF (REM.NO)
15.76
-0.14
(-0.88%)
CAD |
NEO |
Jun 25, 14:06
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.15% | 0.47% | 16.75M | 5569.20 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 7.23% | 96.23% | 6.754M | Upgrade |
Basic Info
| Investment Strategy | |
| The objective of the Fund is to generate capital appreciation by investing in a basket of emerging market equities, while mitigating downside risk. A secondary objective of the Fund is to generate a high level of dividend income from those investments. To achieve its investment objectives, the fund incorporates a combination of long emerging market equities and options strategies. The long-term target allocation for long equities will be approximately at least 70% and the options strategy will make up the remaining portfolio exposure. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Equity |
| Category Name | Emerging Markets Equity |
| Category Index | Morningstar EM GR CAD |
| Global Category Name | Global Emerging Markets Equity |
| YCharts Categorization | Emerging Markets Equity |
| YCharts Benchmark | MSCI Emerging Markets Total Return (^MSEMTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Purpose Investments Inc. |
| Prospectus Benchmark Index | |
| MSCI EM NR CAD | 50.00% |
| MSCI World NR CAD | 50.00% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Ping Zhou | 4.92 yrs |
Performance Versus Category
As of June 24, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of June 24, 2024.
Basic Info
| Investment Strategy | |
| The objective of the Fund is to generate capital appreciation by investing in a basket of emerging market equities, while mitigating downside risk. A secondary objective of the Fund is to generate a high level of dividend income from those investments. To achieve its investment objectives, the fund incorporates a combination of long emerging market equities and options strategies. The long-term target allocation for long equities will be approximately at least 70% and the options strategy will make up the remaining portfolio exposure. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Equity |
| Category Name | Emerging Markets Equity |
| Category Index | Morningstar EM GR CAD |
| Global Category Name | Global Emerging Markets Equity |
| YCharts Categorization | Emerging Markets Equity |
| YCharts Benchmark | MSCI Emerging Markets Total Return (^MSEMTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Purpose Investments Inc. |
| Prospectus Benchmark Index | |
| MSCI EM NR CAD | 50.00% |
| MSCI World NR CAD | 50.00% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Ping Zhou | 4.92 yrs |