PURPOSE GLOBAL BOND FUND ETF UNITSPURPOSE GLOBAL BOND FUND ETF UNITSPURPOSE GLOBAL BOND FUND ETF UNITS

PURPOSE GLOBAL BOND FUND ETF UNITS

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪1.05 B‬CAD
Fund flows (1Y)
‪399.89 M‬CAD
Dividend yield (indicated)
5.64%
Discount/Premium to NAV
−0.02%
Shares outstanding
‪58.85 M‬
Expense ratio
0.45%

About PURPOSE GLOBAL BOND FUND ETF UNITS


Issuer
Purpose Unlimited
Brand
Purpose
Inception date
Oct 28, 2015
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
Purpose Investments, Inc.
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.

Broaden your horizons with more funds linked to BND via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Futures
Government
Stock breakdown by region
0.3%3%74%16%3%0.8%0.4%
Top 10 holdings
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.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BND trades at 17.86 CAD today, its price has fallen −0.50% in the past 24 hours. Track more dynamics on BND price chart.
BND net asset value is 17.86 today — it's risen 1.90% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BND assets under management is ‪1.05 B‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BND price has risen by 0.85% over the last month, and its yearly performance shows a 2.94% increase. See more dynamics on BND price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.90% over the last month, showed a 1.77% increase in three-month performance and has increased by 9.02% in a year.
BND fund flows account for ‪399.89 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BND invests in bonds. See more details in our Analysis section.
BND expense ratio is 0.45%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BND isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BND technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BND shows the buy signal. See more of BND technicals for a more comprehensive analysis.
Yes, BND pays dividends to its holders with the dividend yield of 5.64%.
BND trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BND shares are issued by Purpose Unlimited
BND follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 28, 2015.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.