Key stats
About PURPOSE HIGH INT SVGS FUND UNIT
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Inception date
Oct 15, 2013
Structure
Canadian Mutual Fund Trust (ON)
Distributes
Capital Gains
Tax on distributions
Ordinary income
Primary advisor
Purpose Investments, Inc.
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
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
Cash
Government
Bonds, Cash & Other100.00%
Cash64.72%
Government35.28%
Top 10 holdings
Dividends
Dividend payout history