Key stats
About PURPOSE TACTICAL HEDGED EQUITY FD ETF SHS
Expense ratio
1.16%
Home page
Inception date
Apr 29, 2014
The fund seeks to provide (i) consistent long-term capital appreciation with an attractive risk-adjusted rate of return investing in a portfolio of U.S. listed equities, and (ii) less volatility and low correlation to U.S. equity markets by tactically hedging the funds exposure to overall market risk. Its proprietary methodology emphasizes factors that highlight strong performing stocks such as fundamental change, valuation, growth and quality. Hedging is intended to enable the fund to take advantage of the expected value (or alpha) associated with the funds individual portfolio investments but with reduced risk that is associated with the overall market (or beta). 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 monthly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks99.02%
Electronic Technology23.43%
Technology Services16.55%
Finance13.71%
Health Technology6.95%
Retail Trade6.43%
Consumer Non-Durables4.77%
Commercial Services3.57%
Producer Manufacturing3.38%
Health Services3.01%
Consumer Durables2.89%
Communications2.64%
Utilities2.10%
Consumer Services1.93%
Energy Minerals1.89%
Process Industries1.56%
Industrial Services1.33%
Non-Energy Minerals1.23%
Distribution Services0.94%
Transportation0.48%
Bonds, Cash & Other0.98%
Rights & Warrants1.22%
Cash−0.24%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history