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About Purpose Multi-Asset Income Fund
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Inception date
Mar 5, 2018
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Purpose Investments, Inc.
ISIN
CA74641M1014
The fund aims for a global exposure to income producing securities. The actively managed portfolio may include equities, common and preferred shares, real estate investment trusts (REITs), convertibles, investment grade and high yield fixed income securities, floating rate debts, asset-backed securities and mortgage-backed securities. In selecting equity and fixed income securities, the portfolio manager focuses on value companies with strong fundamental factors such as ROE sustainability, balance sheet strength, earnings estimates, ability to pay dividends, management strength, securitys features and current price compared to it estimated long-term value, and credit standing. The fund can also invest in derivatives such as options, forwards, futures and swaps to receive premium income, reduce overall portfolio volatility and enhance the portfolios total return. PINC can invest up to 100% in foreign securities.
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
Utilities
ETF
Stocks62.42%
Finance25.39%
Utilities15.10%
Industrial Services9.34%
Communications5.32%
Distribution Services3.61%
Miscellaneous2.68%
Transportation0.99%
Bonds, Cash & Other37.58%
ETF29.46%
Cash4.30%
Miscellaneous2.05%
UNIT0.94%
Mutual fund0.82%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PINC top holdings are Purpose International Dividend Fund and Purpose Strategic Yield Fund Trust Units, occupying 8.10% and 7.17% of the portfolio correspondingly.
PINC last dividends amounted to 0.08 CAD. The month before, the issuer paid 0.08 CAD in dividends,
PINC assets under management is 61.56 M CAD. It's risen 0.40% over the last month.
PINC fund flows account for −7.53 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, PINC pays dividends to its holders with the dividend yield of 5.08%. The last dividend (Sep 3, 2025) amounted to 0.08 CAD. The dividends are paid monthly.
PINC shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Mar 5, 2018, and its management style is Active.
PINC expense ratio is 1.08% meaning you'd have to pay 1.08% of your investment to help manage the fund.
PINC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PINC invests in stocks.
PINC price has risen by 1.27% over the last month, and its yearly performance shows a 6.19% increase. See more dynamics on PINC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.15% over the last month, showed a 6.13% increase in three-month performance and has increased by 11.82% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.15% over the last month, showed a 6.13% increase in three-month performance and has increased by 11.82% in a year.
PINC trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.