Key stats
About PURPOSE CORE EQUITY INCOME FUND
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Inception date
May 24, 2017
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
Purpose Investments, Inc.
The fund seeks to outperform the Canadian equity market over a time period longer than 5 years, by investing primarily in large-cap, dividend-paying stocks of Canadian issuers. The fund advisor will utilize fundamental analysis to identify Canadian and US issuers with attractive dividends/distributions and business models that can benefit from both industry and macro-economic trends. Note that US allocation will be determined by the investment advisors outlook for the US market relative to the Canadian market. The fund may use derivatives in order to further meet its investment objectives, and may also engage in short selling or other securities lending transactions to generate additional income.
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
Energy Minerals
Health Technology
Stocks98.42%
Finance26.60%
Energy Minerals11.48%
Health Technology11.20%
Non-Energy Minerals8.10%
Consumer Non-Durables6.49%
Communications5.92%
Utilities5.19%
Technology Services4.86%
Transportation3.16%
Distribution Services2.79%
Electronic Technology2.76%
Retail Trade2.63%
Process Industries2.59%
Industrial Services2.55%
Consumer Services2.03%
Bonds, Cash & Other1.58%
ETF1.63%
Cash−0.06%
Stock breakdown by region
North America94.20%
Europe5.80%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history