ducovest

PSA:CA:TSX-Purpose High Interest Savings ETF (CAD)

ETF | Canadian Money Market | Toronto Stock Exchange

Last Closing

CAD 50.125

Change

+0.01 (+0.01)%

Market Cap

CAD 0.31B

Volume

0.08M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund seeks to maximize monthly income for unitholders while preserving capital and liquidity by investing in high interest deposit accounts.

Company Website : www.purposeinvest.com

Currency: CAD

Country : Canada

Inception Date: 15/10/2013

Primary Benchmark: N/A

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.15 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
CBOE 0.68 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-14 )

Largest Industry Peers for Canadian Money Market

Symbol Name Mer Price(Change) Market Cap
CMR:CA iShares Premium Money Market C.. 0.28 %

N/A

 CAD 1.17B

ETFs Containing PSA:CA

PBD:CA Purpose Total Return Bond 0.00 % 0.72 %

-0.07 (0.02%)

 CAD 0.01B
ZST:CA BMO Ultra Short-Term Bond 0.00 % 0.17 %

-0.14 (0.02%)

 CAD 3.16B
ZST-L:CA BMO Ultra Short-Term Bond.. 0.00 % 0.00 %

+0.02 (+0.02%)

 CAD 1.49B

Market Performance

  Market Performance vs. Industry/Classification (Canadian Money Market) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.23% 100% F 28% F
Dividend Return 0.84% 50% F 35% F
Total Return 1.07% 50% F 28% F
Trailing 12 Months  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return 3.41% 50% F 57% F
Total Return 3.41% 50% F 36% F
Trailing 5 Years  
Capital Gain 0.15% 50% F 40% F
Dividend Return 7.55% 50% F 38% F
Total Return 7.70% 50% F 37% F
Average Annual (5 Year Horizon)  
Capital Gain 0.03% 50% F 41% F
Dividend Return 1.40% 100% F 42% F
Total Return 1.37% 100% F 43% F
Risk Return Profile  
Volatility (Standard Deviation) 1.31% 100% F 98% N/A
Risk Adjusted Return 106.66% 100% F 99% N/A
Market Capitalization 0.31B 100% F 83% B

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:

There is nothing we particularly dislike