PURPOSE TACTICAL ASSET ALLOCATION FUNDPURPOSE TACTICAL ASSET ALLOCATION FUNDPURPOSE TACTICAL ASSET ALLOCATION FUND

PURPOSE TACTICAL ASSET ALLOCATION FUND

No trades
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Key stats


Assets under management (AUM)
‪272.75 M‬CAD
Fund flows (1Y)
‪−14.23 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−0.05%
Shares outstanding
‪8.70 M‬
Expense ratio
0.94%

About PURPOSE TACTICAL ASSET ALLOCATION FUND


Issuer
Purpose Unlimited
Brand
Purpose
Inception date
May 11, 2017
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Tax on distributions
Ordinary income
Primary advisor
Purpose Investments, Inc.
The fund tactically allocates its portfolio of North American equity, bonds and cash using a proprietary, quantitatively driven investment model involving relative strength, momentum, monetary policies, economic indicators and a fundamental metrics. The model signals to the portfolio management team to increase equity exposure in bullish markets and increase bond exposure in bearish markets. The holdings can toggle between 100% equity and 100% bonds/cash, using ETFs and cash, dependent upon the models short-term outlook for the market. The fund uses this model on 80% of the portfolio while 20% is discretionally managed by the investment advisors fundamental view of the market conditions. RTA allocates 30% - 50% to non-Canadian securities.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Capital appreciation
Strategy
Active
Geography
North America
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF98.83%
Cash1.17%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.