Key stats
About Purpose Real Estate Income Fund
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Inception date
Apr 29, 2014
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
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.
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
Finance
Stocks91.73%
Finance83.75%
Health Services3.16%
Transportation3.12%
Non-Energy Minerals0.87%
Consumer Services0.83%
Bonds, Cash & Other8.27%
UNIT4.25%
Miscellaneous2.00%
ETF1.53%
Cash0.33%
Mutual fund0.16%
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
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PHR invests in stocks. The fund's major sectors are Finance, with 83.75% stocks, and Health Services, with 3.16% of the basket. The assets are mostly located in the North America region.
PHR top holdings are InterRent Real Estate Investment Trust and Flagship Communities Real Estate Investment Trust, occupying 6.19% and 5.80% of the portfolio correspondingly.
PHR last dividends amounted to 0.07 CAD. The month before, the issuer paid 0.07 CAD in dividends,
PHR assets under management is 8.47 M CAD. It's risen 1.81% over the last month.
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.
Yes, PHR pays dividends to its holders with the dividend yield of 4.36%. The last dividend (Sep 3, 2025) amounted to 0.07 CAD. The dividends are paid monthly.
PHR shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Apr 29, 2014, and its management style is Active.
PHR expense ratio is 0.99% meaning you'd have to pay 0.99% of your investment to help manage the fund.
PHR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PHR invests in stocks.
PHR price has risen by 0.51% over the last month, and its yearly performance shows a −1.92% decrease. See more dynamics on PHR price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.17% increase in three-month performance and has increased by 2.30% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 2.17% increase in three-month performance and has increased by 2.30% in a year.
PHR trades at a premium (0.51%) meaning the ETF is trading at a higher price than the calculated NAV.