PURPOSE INTL TACTICAL HDG EQUITY FD ETF SHSPURPOSE INTL TACTICAL HDG EQUITY FD ETF SHSPURPOSE INTL TACTICAL HDG EQUITY FD ETF SHS

PURPOSE INTL TACTICAL HDG EQUITY FD ETF SHS

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Key stats


Assets under management (AUM)
‪5.84 M‬CAD
Fund flows (1Y)
‪1.85 M‬CAD
Dividend yield (indicated)
2.99%
Discount/Premium to NAV
0.5%
Shares outstanding
‪292.82 K‬
Expense ratio
1.32%

About PURPOSE INTL TACTICAL HDG EQUITY FD ETF SHS


Issuer
Purpose Unlimited
Brand
Purpose
Inception date
Apr 22, 2015
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Purpose Investments, Inc.
The fund seeks to provide consistent long-term capital appreciation and reduce risk by tactically hedging up to 75% of its portfolio of equity securities listed on international exchanges outside the US and Canada. 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


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Geography
Developed Markets Ex-North America
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Health Technology
Stock breakdown by region
6%73%19%
Top 10 holdings
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 PHW 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.
PHW trades at 20.00 CAD today, its price has risen 5.31% in the past 24 hours. Track more dynamics on PHW price chart.
PHW net asset value is 19.94 today — it's risen 2.22% 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.
PHW assets under management is ‪5.84 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.
PHW price has risen by 5.31% over the last month, and its yearly performance shows a 10.19% increase. See more dynamics on PHW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.22% over the last month, showed a 0.40% increase in three-month performance and has increased by 6.42% in a year.
PHW fund flows account for ‪1.85 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.
PHW invests in stocks. See more details in our Analysis section.
PHW expense ratio is 1.32%. 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, PHW 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, PHW technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PHW shows the strong buy signal. See more of PHW technicals for a more comprehensive analysis.
Yes, PHW pays dividends to its holders with the dividend yield of 2.99%.
PHW trades at a premium (0.49%).
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.
PHW shares are issued by Purpose Unlimited
PHW follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 22, 2015.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.