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About Purpose Tactical Hedged Equity Fund
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Inception date
Sep 3, 2013
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
Purpose Investments, Inc.
ISIN
CA74639Y2087
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
Stocks100.21%
Electronic Technology24.75%
Technology Services19.31%
Finance15.29%
Retail Trade9.91%
Health Technology7.77%
Consumer Non-Durables3.82%
Producer Manufacturing3.13%
Commercial Services2.68%
Energy Minerals2.23%
Distribution Services1.78%
Consumer Durables1.55%
Consumer Services1.38%
Industrial Services1.21%
Communications1.11%
Non-Energy Minerals1.06%
Health Services1.05%
Process Industries0.96%
Utilities0.95%
Bonds, Cash & Other−0.21%
Rights & Warrants0.04%
Cash−0.25%
Stock breakdown by region
North America93.41%
Europe6.59%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PHE invests in stocks. The fund's major sectors are Electronic Technology, with 24.81% stocks, and Technology Services, with 19.36% of the basket. The assets are mostly located in the North America region.
PHE top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 7.42% and 7.41% of the portfolio correspondingly.
PHE last dividends amounted to 0.08 CAD. The year before, the issuer paid 0.22 CAD in dividends, which shows a 175.00% decrease.
PHE assets under management is 3.39 M CAD. It's risen 2.41% over the last month.
PHE fund flows account for −942.96 K CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PHE pays dividends to its holders with the dividend yield of 0.00%. The last dividend (Feb 5, 2025) amounted to 0.08 CAD. The dividends are paid annually.
PHE shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Sep 3, 2013, and its management style is Active.
PHE expense ratio is 1.17% meaning you'd have to pay 1.17% of your investment to help manage the fund.
PHE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PHE invests in stocks.
PHE price has risen by 2.02% over the last month, and its yearly performance shows a 11.43% increase. See more dynamics on PHE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.66% over the last month, showed a 5.64% increase in three-month performance and has increased by 11.95% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.66% over the last month, showed a 5.64% increase in three-month performance and has increased by 11.95% in a year.
PHE trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.