PURPOSE HIGH INT SVGS FUND UNITPURPOSE HIGH INT SVGS FUND UNITPURPOSE HIGH INT SVGS FUND UNIT

PURPOSE HIGH INT SVGS FUND UNIT

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Key stats


Assets under management (AUM)
‪3.10 B‬CAD
Fund flows (1Y)
‪−900.28 M‬CAD
Dividend yield (indicated)
2.56%
Discount/Premium to NAV
0.005%

About PURPOSE HIGH INT SVGS FUND UNIT


Issuer
Purpose Unlimited
Brand
Purpose
Expense ratio
0.16%
Inception date
Oct 15, 2013
Index tracked
No Underlying Index
Management style
Active
The fund is an actively managed fund that aims to maximize monthly income while preserving capital and liquidity. In achieving this goal, the fund primarily invests in high interest deposit accounts with one or more Chartered Banks and/or Canadian Credit Unions. This fund may be right for investors who are seeking current income, can tolerate minimal risk, and are looking for a liquid, short-term investment.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
Niche
Ultra-short term
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of October 31, 2024
Exposure type
Bonds, Cash & Other
Cash
Government
Bonds, Cash & Other100.00%
Cash64.49%
Government35.51%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows