PURPOSE GOLD BULLION FUND ETF UNITSPURPOSE GOLD BULLION FUND ETF UNITSPURPOSE GOLD BULLION FUND ETF UNITS

PURPOSE GOLD BULLION FUND ETF UNITS

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Key stats


Assets under management (AUM)
‪261.99 M‬CAD
Fund flows (1Y)
‪63.97 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
0.1%
Shares outstanding
‪5.42 M‬
Expense ratio
0.23%

About PURPOSE GOLD BULLION FUND ETF UNITS


Issuer
Purpose Unlimited
Brand
Purpose
Inception date
Oct 31, 2018
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
LBMA Gold Price PM ($/ozt)
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Primary advisor
Purpose Investments, Inc.
The fund seeks to buy and hold substantially all of its assets in pure, refined, and unencumbered gold bullion on a long-term basis in 1,000 grams London Good Delivery Bars. The fund can also hold 100 or 400 troy ounce international bar sizes. Additionally, the fund may include investments in minor amounts of gold certificates, if any. The fund’s NAV is set by the LBMA Gold Price, note that any historical or current trends in the price of gold are not a reliable indicator of future movements.

Classification


Asset Class
Commodities
Category
Precious metals
Focus
Gold
Niche
Physically held
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset
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.

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

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.
KILO trades at 48.08 CAD today, its price has fallen −0.68% in the past 24 hours. Track more dynamics on KILO price chart.
KILO net asset value is 48.01 today — it's fallen 0.26% 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.
KILO assets under management is ‪261.99 M‬ 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.
KILO price has fallen by −0.31% over the last month, and its yearly performance shows a 38.32% increase. See more dynamics on KILO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.26% over the last month, have fallen by −0.26% over the last month, showed a 14.50% increase in three-month performance and has increased by 38.30% in a year.
KILO fund flows account for ‪63.97 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.
KILO expense ratio is 0.23%. 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, KILO 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, KILO technical analysis shows the neutral 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 KILO shows the buy signal. See more of KILO technicals for a more comprehensive analysis.
KILO trades at a premium (0.14%).
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.
KILO shares are issued by Purpose Unlimited
KILO follows the LBMA Gold Price PM ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 31, 2018.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.