Purpose Real Estate Income FundPurpose Real Estate Income FundPurpose Real Estate Income Fund

Purpose Real Estate Income Fund

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Key stats


Assets under management (AUM)
‪8.37 M‬CAD
Fund flows (1Y)
‪−5.80 M‬CAD
Dividend yield (indicated)
4.34%
Discount/Premium to NAV
−0.1%
Shares outstanding
‪425.00 K‬
Expense ratio
0.99%

About Purpose Real Estate Income Fund


Issuer
Purpose Unlimited
Brand
Purpose
Inception date
Apr 29, 2014
Structure
Canadian Mutual Fund Corporation (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
Purpose Investments, Inc.
ISIN
CA74640L1040
The fund seeks to provide consistent long-term capital appreciation and reduce risk by tactically hedging the duration of the portfolio through its portfolio of real-estate-focused equity securities listed on major North American exchanges. Its proprietary methodology utilizes fundamental analysis in security selection and may, at times, include technical analysis to consider macroeconomic factors and trends in addition to company-specific growth, equity and value factors. PHI may hedge its portfolios interest rate exposure in order to reduce the portfolios sensitivity to rising interest rates. Moreover, the fund may use derivatives in order to further meet its investment objectives, and also engage in short selling or other securities lending transactions to generate additional income.

Broaden your horizons with more funds linked to PHR via country, focus, and more.

Classification


Asset Class
Equity
Category
Sector
Focus
Real estate
Niche
Broad-based
Strategy
Active
Geography
North America
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Stock breakdown by region
100%
Top 10 holdings
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.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PHR trades at 19.91 CAD today, its price has risen 1.12% in the past 24 hours. Track more dynamics on PHR price chart.
PHR net asset value is 19.94 today — it's risen 2.13% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PHR assets under management is ‪8.37 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PHR price has risen by 1.07% over the last month, and its yearly performance shows a −0.25% decrease. See more dynamics on PHR price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.62% increase in three-month performance and has increased by 2.11% in a year.
PHR fund flows account for ‪−5.80 M‬ 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PHR invests in stocks. See more details in our Analysis section.
PHR expense ratio is 0.99%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PHR isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PHR technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PHR shows the buy signal. See more of PHR technicals for a more comprehensive analysis.
Yes, PHR pays dividends to its holders with the dividend yield of 4.34%.
PHR trades at a premium (0.14%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PHR shares are issued by Purpose Unlimited
PHR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 29, 2014.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.