Key stats
About PURPOSE INTL DIVID FD TRUST UNITS ETF
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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 long-term capital appreciation and monthly distributions to its stockholders by investing in an equally weighted portfolio of high quality, dividend-paying securities in international markets outside the US and Canada based on a fundamental research approach intended to create value and reduce risk over the investment period. The fund systematically selects companies that have attractive dividend yield and the ability to grow their businesses and dividends for shareholders in the future. Quality and financial risk screens are also used in order to minimize risk. The funds portfolio is broadly diversified by industry sector, such that each does not represent more than 20% of the NAV of the fund. 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 on a quarterly basis.
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
Stocks96.29%
Finance32.05%
Health Technology10.50%
Non-Energy Minerals7.75%
Retail Trade6.75%
Utilities6.08%
Communications5.97%
Consumer Non-Durables5.96%
Consumer Durables4.61%
Producer Manufacturing4.61%
Energy Minerals2.59%
Electronic Technology2.57%
Distribution Services2.55%
Industrial Services2.21%
Transportation1.90%
Process Industries0.19%
Bonds, Cash & Other3.71%
Cash3.71%
Stock breakdown by region
Europe74.34%
Asia16.85%
Oceania8.81%
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
PID invests in stocks. The fund's major sectors are Finance, with 32.05% stocks, and Health Technology, with 10.50% of the basket. The assets are mostly located in the Europe region.
PID last dividends amounted to 0.08 CAD. The month before, the issuer paid 0.08 CAD in dividends,
PID assets under management is 98.65 M CAD. It's risen 4.45% over the last month.
PID fund flows account for 16.09 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, PID pays dividends to its holders with the dividend yield of 3.54%. The last dividend (Jun 3, 2025) amounted to 0.08 CAD. The dividends are paid monthly.
PID shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Apr 22, 2015, and its management style is Active.
PID expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
PID follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PID invests in stocks.
PID price has risen by 1.99% over the last month, and its yearly performance shows a 13.24% increase. See more dynamics on PID price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.09% over the last month, showed a 1.67% increase in three-month performance and has increased by 17.51% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.09% over the last month, showed a 1.67% increase in three-month performance and has increased by 17.51% in a year.
PID trades at a premium (0.49%) meaning the ETF is trading at a higher price than the calculated NAV.