Key stats
About PURPOSE GLOBAL BOND CLASS ETF SHS
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Inception date
Jun 21, 2018
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Purpose Investments, Inc.
The fund offers exposure to a diverse portfolio of corporate bonds, notes, floating rate notes, convertible bonds, preferred shares, bank loans, government bonds or other income-producing securities of North American and/or international issuers. Securities 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. IGB 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. IGB 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 | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IGB last dividends amounted to 0.09 CAD. The month before, the issuer paid 0.09 CAD in dividends,
IGB assets under management is 165.97 M CAD. It's risen 23.75% over the last month.
IGB fund flows account for 105.25 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, IGB pays dividends to its holders with the dividend yield of 5.58%. The last dividend (Jun 3, 2025) amounted to 0.09 CAD. The dividends are paid monthly.
IGB shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Jun 21, 2018, and its management style is Active.
IGB expense ratio is 0.58% meaning you'd have to pay 0.58% of your investment to help manage the fund.
IGB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IGB price has risen by 0.16% over the last month, and its yearly performance shows a 2.18% increase. See more dynamics on IGB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.83% over the last month, showed a 0.81% increase in three-month performance and has increased by 7.81% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.83% over the last month, showed a 0.81% increase in three-month performance and has increased by 7.81% in a year.
IGB trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.