Key stats
About PURPOSE FUND CORP DIVERSIFIED REAL ASSET ETF
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Inception date
Sep 3, 2013
Structure
Canadian Mutual Fund Corporation (ON)
Replication method
Synthetic
Distributes
Capital Gains
Tax on distributions
Eligible Dividends
Primary advisor
Purpose Investments, Inc.
The fund invests in a global portfolio of different securities that have positive correlation with inflation or whose value rise as inflation rate increases. The fund normally includes securities in inflation-sensitive sectors. Securities included are precious metals and related equities, industrial, energy and agricultural commodities and related equities, REITs, emerging market currencies, real return bonds, treasury inflation-protected securities (TIPS), and cash. The portfolio is usually rebalanced on a quarterly basis but maybe changed depending on the portfolio advisor. PRA uses risk-parity based asset allocation strategy that targets equal volatility contributions by asset classes held in the portfolio. Also, part of the foreign currency exposure might be hedged back to CAD in the portfolio advisors discretion.
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Energy Minerals
ETF
Futures
Stocks51.97%
Non-Energy Minerals15.79%
Energy Minerals10.57%
Process Industries8.44%
Utilities8.05%
Finance7.09%
Consumer Non-Durables2.04%
Bonds, Cash & Other48.03%
ETF25.96%
Futures19.22%
Cash1.94%
Miscellaneous0.91%
Displays a symbol's price movements over previous years to identify recurring trends.