Key stats
About PURPOSE TACTICAL HEDGED EQUITY FD ETF SHS
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Inception date
Apr 29, 2014
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
Purpose Investments, Inc.
The fund seeks to provide (i) consistent long-term capital appreciation with an attractive risk-adjusted rate of return investing in a portfolio of U.S. listed equities, and (ii) less volatility and low correlation to U.S. equity markets by tactically hedging the funds exposure to overall market risk. Its proprietary methodology emphasizes factors that highlight strong performing stocks such as fundamental change, valuation, growth and quality. Hedging is intended to enable the fund to take advantage of the expected value (or alpha) associated with the funds individual portfolio investments but with reduced risk that is associated with the overall market (or beta). The fund may use derivatives in order to further meet its investment objectives, and may also engage in short selling or other securities lending transactions to generate additional income. Portfolio holdings are reconstituted and rebalanced monthly.
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
Electronic Technology
Technology Services
Finance
Stocks98.81%
Electronic Technology24.18%
Technology Services22.31%
Finance15.07%
Retail Trade6.96%
Health Technology6.18%
Consumer Non-Durables3.93%
Producer Manufacturing3.90%
Consumer Services3.28%
Distribution Services1.90%
Consumer Durables1.76%
Energy Minerals1.42%
Process Industries1.37%
Industrial Services1.24%
Communications1.19%
Health Services1.18%
Commercial Services1.18%
Utilities0.94%
Non-Energy Minerals0.70%
Bonds, Cash & Other1.19%
Cash1.31%
Rights & Warrants−0.13%
Stock breakdown by region
North America92.50%
Europe7.50%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PHE.B invests in stocks. The fund's major sectors are Electronic Technology, with 24.21% stocks, and Technology Services, with 22.33% of the basket. The assets are mostly located in the North America region.
PHE.B top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 8.14% and 7.41% of the portfolio correspondingly.
PHE.B last dividends amounted to 0.67 CAD. The year before, the issuer paid 0.14 CAD in dividends, which shows a 78.36% increase.
PHE.B assets under management is 20.45 M CAD. It's risen 1.44% over the last month.
PHE.B fund flows account for 3.03 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, PHE.B pays dividends to its holders with the dividend yield of 0.00%. The last dividend (Feb 5, 2025) amounted to 0.67 CAD. The dividends are paid annually.
PHE.B shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Apr 29, 2014, and its management style is Active.
PHE.B expense ratio is 1.16% meaning you'd have to pay 1.16% of your investment to help manage the fund.
PHE.B follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PHE.B invests in stocks.
PHE.B price has risen by 3.99% over the last month, and its yearly performance shows a 7.53% increase. See more dynamics on PHE.B price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.42% over the last month, showed a 3.45% increase in three-month performance and has increased by 8.82% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.42% over the last month, showed a 3.45% increase in three-month performance and has increased by 8.82% in a year.
PHE.B trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.