Key stats
About PURPOSE GLOBAL BOND FUND ETF UNITS
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Inception date
Oct 28, 2015
Structure
Canadian Mutual Fund Trust (ON)
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.
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
Bonds, Cash & Other100.00%
Corporate39.48%
Futures24.33%
Government23.14%
Securitized5.71%
Cash3.58%
Loans1.85%
Miscellaneous1.15%
ETF0.59%
Municipal0.17%
Stock breakdown by region
North America74.55%
Europe16.98%
Latin America3.54%
Africa3.36%
Middle East0.80%
Asia0.44%
Oceania0.33%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BND invests in bonds. The fund's major sectors are Corporate, with 39.48% stocks, and Government, with 23.14% of the basket. The assets are mostly located in the North America region.
BND last dividends amounted to 0.09 CAD. The month before, the issuer paid 0.08 CAD in dividends, which shows a 3.00% increase.
BND assets under management is 1.06 B CAD. It's risen 2.84% over the last month.
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.
Yes, BND pays dividends to its holders with the dividend yield of 5.66%. The last dividend (Jul 3, 2025) amounted to 0.09 CAD. The dividends are paid monthly.
BND shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Oct 28, 2015, and its management style is Active.
BND expense ratio is 0.45% meaning you'd have to pay 0.45% of your investment to help manage the fund.
BND follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BND invests in bonds.
BND price has risen by 0.45% over the last month, and its yearly performance shows a 3.06% 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.
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 trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.