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About Purpose Diversified Real Asset Fund
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Inception date
Sep 3, 2013
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
Purpose Investments, Inc.
ISIN
CA74639Y4067
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
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
Non-Energy Minerals
Energy Minerals
ETF
Futures
Stocks51.22%
Non-Energy Minerals13.81%
Energy Minerals10.27%
Process Industries8.90%
Finance8.00%
Utilities7.10%
Consumer Non-Durables3.14%
Bonds, Cash & Other48.78%
ETF26.34%
Futures20.23%
Cash2.21%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PRA last dividends amounted to 0.21 CAD. The quarter before, the issuer paid 0.21 CAD in dividends,
PRA assets under management is 80.29 M CAD. It's risen 4.30% over the last month.
PRA fund flows account for 23.99 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, PRA pays dividends to its holders with the dividend yield of 2.68%. The last dividend (Jul 3, 2025) amounted to 0.21 CAD. The dividends are paid quarterly.
PRA shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Sep 3, 2013, and its management style is Active.
PRA expense ratio is 1.11% meaning you'd have to pay 1.11% of your investment to help manage the fund.
PRA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PRA invests in stocks.
PRA price has risen by 5.25% over the last month, and its yearly performance shows a 13.14% increase. See more dynamics on PRA price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.92% over the last month, showed a 6.45% increase in three-month performance and has increased by 17.82% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.92% over the last month, showed a 6.45% increase in three-month performance and has increased by 17.82% in a year.
PRA trades at a premium (0.15%) meaning the ETF is trading at a higher price than the calculated NAV.