Key stats
About PURPOSE INTL TACTICAL HDG EQUITY FD ETF SHS
Home page
Inception date
Apr 22, 2015
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 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 fund’s 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
Finance
Health Technology
Stocks99.01%
Finance25.20%
Health Technology13.87%
Consumer Non-Durables9.39%
Technology Services6.59%
Producer Manufacturing6.12%
Retail Trade4.97%
Non-Energy Minerals4.62%
Electronic Technology4.47%
Consumer Durables4.46%
Energy Minerals4.02%
Communications3.06%
Process Industries2.91%
Commercial Services2.71%
Utilities2.40%
Distribution Services1.12%
Industrial Services0.97%
Consumer Services0.96%
Transportation0.69%
Bonds, Cash & Other0.99%
Cash1.47%
Rights & Warrants−0.48%
Stock breakdown by region
Europe73.88%
Asia19.63%
Oceania6.49%
North America0.00%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PHW invests in stocks. The fund's major sectors are Finance, with 25.33% stocks, and Health Technology, with 13.93% of the basket. The assets are mostly located in the Europe region.
PHW top holdings are SAP SE and Novartis AG, occupying 3.76% and 3.26% of the portfolio correspondingly.
PHW last dividends amounted to 0.15 CAD. The year before, the issuer paid 0.35 CAD in dividends, which shows a 133.33% decrease.
PHW assets under management is 5.85 M CAD. It's risen 1.69% over the last month.
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.
Yes, PHW pays dividends to its holders with the dividend yield of 3.00%. The last dividend (Apr 2, 2025) amounted to 0.15 CAD. The dividends are paid annually.
PHW shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Apr 22, 2015, and its management style is Active.
PHW expense ratio is 1.32% meaning you'd have to pay 1.32% of your investment to help manage the fund.
PHW follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PHW invests in stocks.
PHW trades at a premium (1.20%) meaning the ETF is trading at a higher price than the calculated NAV.