PURPOSE ACTIVE BALANCED FUND UNITPURPOSE ACTIVE BALANCED FUND UNITPURPOSE ACTIVE BALANCED FUND UNIT

PURPOSE ACTIVE BALANCED FUND UNIT

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪152.07 M‬CAD
Fund flows (1Y)
‪47.00 M‬CAD
Dividend yield (indicated)
2.81%
Discount/Premium to NAV
0.04%

About PURPOSE ACTIVE BALANCED FUND UNIT


Issuer
Purpose Unlimited
Brand
Purpose
Expense ratio
0.47%
Inception date
Oct 24, 2023
Index tracked
No Underlying Index
Management style
Active
The fund seeks long-term capital growth and income, as well as outperforming its benchmarks on a risk-adjusted basis, by moderately investing in equity and fixed income securities from around the world. Through a blended strategy, the fund uses a passive approach in markets perceived as more efficient while employing active strategies in less efficient markets or where value can be added through expected performance and/or risk management. Based on returns and volatility, the portfolio manager established a baseline allocation of 60% for equities (45% - 75%) and 38% for fixed income assets (28% - 48%). The portfolio may change over time, subject to momentum and fundamental factors. The fund may use of derivatives that may open investors to counterparty risk. It may also enter into repurchase agreements, short selling, securities lending, or investments in other funds. As an actively managed ETF, the portfolio manager has full discretion to buy, sell, or hold securities at any time.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Income & capital appreciation
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF99.38%
Cash0.61%
Mutual fund0.00%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.