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About Purpose Global Innovators 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.
Identifiers
3
ISIN CA74641A1075
The fund aims to invest in leading-edge businesses that are positioned to bring about or benefit from disruptive innovation. Companies may be of any market capitalization and market sector. Selection begins with a top-down analysis for global investment themes within each industry. The process combines with bottom-up fundamental and technical analysis to select 40-60 stocks with growth potential. Stocks selected may be from established or emerging contributors, however the portfolio will tilt to smaller companies.
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
Electronic Technology
Technology Services
Producer Manufacturing
ETF
Stocks79.98%
Electronic Technology29.35%
Technology Services15.87%
Producer Manufacturing13.71%
Retail Trade6.98%
Utilities4.70%
Non-Energy Minerals3.56%
Energy Minerals3.42%
Industrial Services2.38%
Consumer Services0.01%
Finance0.00%
Bonds, Cash & Other20.02%
ETF12.86%
Miscellaneous6.49%
Cash0.67%
Stock breakdown by region
North America79.65%
Asia11.48%
Europe7.25%
Middle East1.63%
Latin America0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PINV invests in stocks. The fund's major sectors are Electronic Technology, with 29.35% stocks, and Technology Services, with 15.87% of the basket. The assets are mostly located in the North America region.
PINV top holdings are Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR and NVIDIA Corporation, occupying 7.91% and 6.62% of the portfolio correspondingly.
PINV assets under management is 1.26 M CAD. It's risen 3.19% over the last month.
PINV fund flows account for 0.00 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.
No, PINV doesn't pay dividends to its holders.
PINV shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Mar 5, 2018, and its management style is Active.
PINV expense ratio is 4.48% meaning you'd have to pay 4.48% of your investment to help manage the fund.
PINV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PINV invests in stocks.
PINV price has risen by 3.40% over the last month, and its yearly performance shows a 0.12% increase. See more dynamics on PINV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.40% over the last month, showed a 0.75% increase in three-month performance and has decreased by −1.37% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.40% over the last month, showed a 0.75% increase in three-month performance and has decreased by −1.37% in a year.
PINV trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.