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Purpose Investments
An actively managed International Developed equity fund: 79 stocks, 71% Europe, unhedged, for 0.67% a year.
Funds of this type differ on a small set of facts. Where this fund sits on each:
Actively managed global portfolio with a Europe tilt. Europe is the largest regional weight at 71.0%. Results reflected both that positioning and individual stock selection.
Top holding: TotalEnergies SE 3.9% (broad) · Top sector: Financials 36.2% (sector-tilted) · Top region: Europe 71.0% (region-tilted)
Financials 36.2%·Healthcare 10.7%·Materials 9.6%·Consumer Discretionary 8.6%·Industrials 8.4%·Other 6.5%·Other (locked) 20.1%
Europe 71.0%·Japan 16.3%·Oceania 10.8%·Emerging Markets 1.9%
Source: fund provider disclosure.
The management fee was 0.67% a year, or about $67 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.
Mostly foreign income
The full distribution tax character across 11 years, plus what you keep after tax in a TFSA, RRSP, or non-registered account, is on the Real Yield report card.
See the full tax breakdown →For information only, not tax advice. Tax treatment depends on your account type and personal circumstances; consult a qualified tax professional.
How durable the fund is, and what moved its price.
| Assets | $201M· net assets |
| Listed | 2015· 11 years of history |
| Leverage / overlay | None |
What moved the price
| Ticker | PID.TO |
| Exchange | TSX |
| Currency | CAD |
| FX strategy | CAD-unhedged |
| Asset class | Equity |
| Structure | Physical (holds securities) |
| Theme | Dividend & Income |
| Geography | International Developed |
| Provider | Purpose Investments |
| Mgmt fee | 0.67% |
Compare PID.TO→Backtest it→Rate your portfolio→Real Yield report card→
Prices as of last close · tax character year 2025.
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