Key stats
About PURPOSE CONSERVATIVE INCOME FUND ETF SHS
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Inception date
Oct 26, 2016
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 invests in various asset classes that provides dividend income and capital appreciation, while reducing portfolio volatility via options overlay and duration hedging. The fund uses rules-based portfolio selection strategies. For equities, the fund will screen for quality, dividends and volatility while for bonds the allocation is spread out across investment grade and high yield government securities. The options collar strategy for equities, writes calls and buy puts on the S&P 500 while on fixed income securities, it writes options on 10-year US bonds. Options may be either exchange-traded or OTC options. The fund may enter into securities lending to generate income. PRP may not commit more than 50% of its NAV to securities lending and the borrower must provide collateral worth at least 102% of the value of the securities loaned. PRP may be reconstituted and rebalanced at the discretion of the investment advisor.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PRP last dividends amounted to 0.06 CAD. The month before, the issuer paid 0.06 CAD in dividends,
PRP assets under management is 984.82 K CAD. It's risen 1.20% over the last month.
PRP fund flows account for −1.85 K 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, PRP pays dividends to its holders with the dividend yield of 3.64%. The last dividend (Jun 3, 2025) amounted to 0.06 CAD. The dividends are paid monthly.
PRP shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Oct 26, 2016, and its management style is Active.
PRP expense ratio is 0.84% meaning you'd have to pay 0.84% of your investment to help manage the fund.
PRP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PRP price has risen by 0.56% over the last month, and its yearly performance shows a 3.96% increase. See more dynamics on PRP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.48% over the last month, showed a 0.47% increase in three-month performance and has increased by 7.62% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.48% over the last month, showed a 0.47% increase in three-month performance and has increased by 7.62% in a year.
PRP trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.