Key stats
About PURPOSE ACTIVE BALANCED FUND UNIT
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Inception date
Oct 24, 2023
Structure
Canadian Mutual Fund Trust (ON)
Primary advisor
Purpose Investments, Inc.
The fund seeks long-term capital growth and income, as well as outperforming its benchmarks on a risk-adjusted basis, by moderately investing in equity and fixed income securities from around the world. Through a blended strategy, the fund uses a passive approach in markets perceived as more efficient while employing active strategies in less efficient markets or where value can be added through expected performance and/or risk management. Based on returns and volatility, the portfolio manager established a baseline allocation of 60% for equities (45% - 75%) and 38% for fixed income assets (28% - 48%). The portfolio may change over time, subject to momentum and fundamental factors. The fund may use of derivatives that may open investors to counterparty risk. It may also enter into repurchase agreements, short selling, securities lending, or investments in other funds. As an actively managed ETF, the portfolio manager has full discretion to buy, sell, or hold securities at any time.
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
ETF
Bonds, Cash & Other100.00%
ETF99.83%
Cash0.17%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PABF top holdings are Purpose Core Income Equity Fund and BMO Aggregate Bond Index ETF, occupying 11.18% and 10.66% of the portfolio correspondingly.
PABF last dividends amounted to 0.17 CAD. Before that, the issuer paid 0.58 CAD in dividends, which shows a 251.52% decrease.
PABF assets under management is 190.49 M CAD. It's risen 3.25% over the last month.
PABF fund flows account for 55.61 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, PABF pays dividends to its holders with the dividend yield of 2.76%. The last dividend (Apr 2, 2025) amounted to 0.17 CAD.
PABF shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Oct 24, 2023, and its management style is Active.
PABF expense ratio is 0.47% meaning you'd have to pay 0.47% of your investment to help manage the fund.
PABF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PABF invests in funds.
PABF price has risen by 3.01% over the last month, and its yearly performance shows a 6.74% increase. See more dynamics on PABF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.77% over the last month, showed a 1.97% increase in three-month performance and has increased by 12.92% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.77% over the last month, showed a 1.97% increase in three-month performance and has increased by 12.92% in a year.
PABF trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.