Key stats
About PURPOSE MULTI ASSET INCOME FD ETF UNIT
Expense ratio
0.99%
Home page
Inception date
Apr 6, 2018
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
Stocks57.75%
Finance27.97%
Utilities12.27%
Industrial Services7.07%
Communications4.13%
Transportation2.35%
Miscellaneous1.94%
Distribution Services1.84%
Consumer Services0.16%
Energy Minerals0.00%
Bonds, Cash & Other42.25%
ETF35.18%
Miscellaneous1.68%
Corporate1.61%
UNIT1.52%
Cash1.32%
Mutual fund0.94%
Top 10 holdings
Dividends
Dividend payout history