Key stats
About PURPOSE GLOBAL BOND FUND ETF UNITS
Expense ratio
0.45%
Home page
Inception date
Oct 28, 2015
The fund seeks both capital appreciation and distributions through tactical allocation among a broad range of government and corporate bonds from around the world. Bonds are primarily rated investment grade, but up to 20% of the portfolio can be in high-yield bonds and up to 15% in CLO debt tranches and other types of asset-backed securities. The fund may also hold senior secured and unsecured debt, subordinated debt, convertible debt, fixed and floating rate debt, bank loans, money markets, and other funds. The fund manager may also enter into securities lending transactions for additional income, as well as into total return swaps and other derivatives. Holding derivatives may be used to hedge the portfolios interest rate exposure. BND is reconstituted and rebalanced at the discretion of the sub-advisor.
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
Corporate
Futures
Government
Stocks4.00%
Finance3.53%
Utilities0.24%
Communications0.23%
Bonds, Cash & Other96.00%
Corporate34.12%
Futures23.95%
Government21.73%
Securitized7.93%
Cash2.72%
Miscellaneous1.92%
Loans1.78%
ETF1.01%
Structured0.54%
Municipal0.31%
Top 10 holdings
Dividends
Dividend payout history