Key stats
About Purpose International Tactical Hedged Equity Fund
Home page
Inception date
Apr 22, 2015
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Purpose Investments, Inc.
ISIN
CA74640P1053
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
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
Health Technology
Stocks97.83%
Finance26.60%
Health Technology12.99%
Consumer Non-Durables8.91%
Producer Manufacturing6.49%
Technology Services5.60%
Non-Energy Minerals4.95%
Retail Trade4.71%
Electronic Technology4.42%
Consumer Durables4.36%
Energy Minerals4.15%
Process Industries2.90%
Communications2.83%
Utilities2.31%
Commercial Services2.22%
Distribution Services1.19%
Consumer Services0.89%
Industrial Services0.87%
Transportation0.68%
Miscellaneous0.26%
Bonds, Cash & Other2.17%
Cash2.65%
Rights & Warrants−0.47%
Stock breakdown by region
Europe73.42%
Asia19.83%
Oceania6.75%
North America0.00%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PHW invests in stocks. The fund's major sectors are Finance, with 26.73% stocks, and Health Technology, with 13.05% of the basket. The assets are mostly located in the Europe region.
PHW top holdings are Novartis AG and SAP SE, occupying 3.33% and 3.24% of the portfolio correspondingly.
PHW last dividends amounted to 0.15 CAD. The year before, the issuer paid 0.15 CAD in dividends,
Yes, PHW pays dividends to its holders with the dividend yield of 2.91%. The last dividend (Jul 3, 2025) amounted to 0.15 CAD. The dividends are paid annually.
PHW shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Apr 22, 2015, and its management style is Active.
PHW expense ratio is 1.32% meaning you'd have to pay 1.32% of your investment to help manage the fund.
PHW follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PHW invests in stocks.
PHW trades at a premium (0.19%) meaning the ETF is trading at a higher price than the calculated NAV.