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Purpose Investments
An actively managed U.S. equity fund: 81 stocks, 96% United States, unhedged, for 0.8% a year.
Funds of this type differ on a small set of facts. Where this fund sits on each:
Active equity portfolio with a United States tilt. United States is the dominant region at 95.9%, and that positioning was the largest geographic influence on results.
Top holding: NVIDIA Corp 8.6% (broad) · Top sector: Technology 36.4% (sector-tilted) · Top region: United States 95.9% (single-country)
Technology 36.4%·Financials 10.9%·Communication Services 10.7%·Consumer Discretionary 10.6%·Industrials 9.6%·Other 7.9%·Other (locked) 13.4%
United States 95.9%·Europe 3.1%·Canada 0.6%
Look-through via underlying funds.
The management fee was 0.8% a year, or about $80 for every $10,000 held. Trading spreads are separate from this fee. This is the management fee as published by the provider; the total expense ratio can be slightly higher once fund operating costs are added.
How durable the fund is, and what moved its price.
| Assets | $10M· net assets |
| Listed | 2014· 12 years of history |
| Leverage / overlay | None |
What moved the price
| Ticker | PHE.B.TO |
| Exchange | TSX |
| Currency | CAD |
| FX strategy | CAD-unhedged |
| Asset class | Equity |
| Structure | Physical (holds securities) |
| Theme | Broad Market |
| Geography | United States |
| Provider | Purpose Investments |
| Mgmt fee | 0.80% |
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Prices as of last close.
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