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About Purpose International Enhanced Equity Income Fund
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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.
Identifiers
3
ISIN CA74639Y7458
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
Stocks88.53%
Finance20.59%
Health Technology14.69%
Electronic Technology7.62%
Producer Manufacturing6.16%
Non-Energy Minerals5.84%
Energy Minerals4.30%
Consumer Non-Durables3.87%
Consumer Durables3.73%
Communications3.68%
Technology Services3.43%
Retail Trade3.32%
Transportation3.23%
Utilities2.08%
Industrial Services1.96%
Commercial Services1.67%
Distribution Services1.44%
Consumer Services0.63%
Bonds, Cash & Other11.47%
ETF9.94%
Cash1.87%
Rights & Warrants−0.33%
Stock breakdown by region
Europe61.85%
Asia21.47%
North America10.09%
Oceania6.59%
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 20.66% stocks, and Health Technology, with 14.74% of the basket. The assets are mostly located in the Europe region.
PHW top holdings are Purpose Cash Management Fund Trust Units and Roche Holding Ltd Dividend Right Cert., occupying 9.94% and 2.92% of the portfolio correspondingly.
PHW last dividends amounted to 0.14 CAD. The year before, the issuer paid 0.15 CAD in dividends, which shows a 3.45% decrease.
PHW assets under management is 5.85 M CAD. It's risen 1.19% over the last month.
PHW fund flows account for 371.39 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, PHW pays dividends to its holders with the dividend yield of 3.40%. The last dividend (Feb 3, 2026) amounted to 0.14 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 price has risen by 2.14% over the last month, and its yearly performance shows a 14.30% increase. See more dynamics on PHW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.70% over the last month, showed a 8.76% increase in three-month performance and has increased by 20.18% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.70% over the last month, showed a 8.76% increase in three-month performance and has increased by 20.18% in a year.
PHW trades at a premium (0.30%) meaning the ETF is trading at a higher price than the calculated NAV.