PURPOSE FUND CORP CORE DIVIDEND FDPURPOSE FUND CORP CORE DIVIDEND FDPURPOSE FUND CORP CORE DIVIDEND FD

PURPOSE FUND CORP CORE DIVIDEND FD

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Key stats

Assets under management (AUM)
‪160.62 M‬CAD
Fund flows (1Y)
‪−6.30 M‬CAD
Dividend yield (indicated)
4.11%
Discount/Premium to NAV
−0.07%

About PURPOSE FUND CORP CORE DIVIDEND FD

Issuer
Purpose Unlimited
Brand
Purpose
Expense ratio
0.80%
Inception date
Sep 3, 2013
Index tracked
No Underlying Index
Management style
Active
The fund seeks to provide long-term capital appreciation and monthly distributions to its stockholders by investing in a portfolio of equities listed on North American exchanges that are deemed high-quality and dividend-paying based on a fundamental rules-based portfolio selection strategy that intends to create value and reduce risk over the investment period. The fund systematically selects companies that have attractive dividend yield and the ability to grow their businesses and dividends for shareholders in the future. Quality and financial risk screens are also used in order to minimize risk. The funds portfolio is broadly diversified by industry sector, such that each does not represent more than 20% of the NAV of the fund. The fund may use derivatives in order to further meet its investment objectives, and may also engage in short selling or other securities lending transactions to generate additional income. Portfolio holdings are reconstituted and rebalanced on a quarterly basis.

Classification

Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of March 28, 2024
Exposure type
StocksBonds, Cash & Other
Finance
Energy Minerals
Health Technology
Stocks99.48%
Finance23.91%
Energy Minerals11.64%
Health Technology10.67%
Industrial Services9.65%
Technology Services6.48%
Consumer Non-Durables5.89%
Consumer Services5.32%
Utilities5.31%
Communications5.01%
Electronic Technology3.80%
Process Industries3.35%
Non-Energy Minerals3.00%
Transportation2.36%
Retail Trade1.60%
Producer Manufacturing1.19%
Commercial Services0.32%
Bonds, Cash & Other0.52%
Cash0.33%
Mutual fund0.19%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows