PURPOSE INTL TACTICAL HDG EQUITY FD ETF SHSPURPOSE INTL TACTICAL HDG EQUITY FD ETF SHSPURPOSE INTL TACTICAL HDG EQUITY FD ETF SHS

PURPOSE INTL TACTICAL HDG EQUITY FD ETF SHS

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Key stats


Assets under management (AUM)
‪4.94 M‬CAD
Fund flows (1Y)
‪959.76 K‬CAD
Dividend yield (indicated)
2.95%
Discount/Premium to NAV
−0.5%
Shares outstanding
‪242.82 K‬
Expense ratio
1.32%

About PURPOSE INTL TACTICAL HDG EQUITY FD ETF SHS


Issuer
Purpose Unlimited
Brand
Purpose
Inception date
Apr 22, 2015
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Distributes
Capital Gains
Tax on distributions
Ordinary income
Primary advisor
Purpose Investments, Inc.
The fund seeks to provide consistent long-term capital appreciation and reduce risk by tactically hedging up to 75% of its portfolio of equity securities listed on international exchanges outside the US and Canada. 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


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Geography
Developed Markets Ex-North America
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Stocks
Finance
Health Technology
Stock breakdown by region
6%74%19%
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.