PIN:CA:TSX-Purpose Monthly Income Fund (CAD)

ETF | Global Neutral Balanced | Toronto Stock Exchange

Last Closing

CAD 17.89

Change

0.00 (0.00)%

Market Cap

CAD 0.02B

Volume

500.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund seeks to (i) maximize total return, consisting of dividend income and capital appreciation by tactically investing in a broad range of asset classes which may include equity, fixed income and inflation sensitive securities and cash; and (ii) to provide shareholders with stable monthly cash distributions.

Inception Date: 06/09/2013

Primary Benchmark: FTSE Canada Universe Bond

Primary Index: Morningstar CAN Bal Glbl 60/40 CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.72 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-08-27 )

Largest Industry Peers for Global Neutral Balanced

Symbol Name Mer Price(Change) Market Cap
VBAL:CA Vanguard Balanced Portfolio 0.25 %

+0.14 (+0.44%)

CAD 2.96B
XBAL:CA iShares Core Balanced ETF Port.. 0.76 %

+0.10 (+0.34%)

CAD 1.51B
VCNS:CA Vanguard Conservative ETF Port.. 0.25 %

+0.13 (+0.45%)

CAD 0.49B
ZBAL:CA BMO Balanced ETF 0.00 %

+0.23 (+0.59%)

CAD 0.23B
ZMI:CA BMO Monthly Income 0.61 %

+0.06 (+0.35%)

CAD 0.13B
PINC:CA Purpose Multi-Asset Income Fun.. 0.99 %

+0.16 (+0.86%)

CAD 0.06B
HCON:CA Global X Conservative Asset Al.. 0.15 %

N/A

CAD 0.05B
PRP:CA Purpose Conservative Income Fu.. 0.71 %

N/A

N/A

ETFs Containing PIN:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Global Neutral Balanced) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 4.13% 33% F 34% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 4.13% 22% F 30% F
Trailing 12 Months  
Capital Gain 6.62% 33% F 39% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 6.62% 22% F 32% F
Trailing 5 Years  
Capital Gain -1.81% 33% F 36% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -1.81% 22% F 26% F
Average Annual (5 Year Horizon)  
Capital Gain -0.71% 22% F 33% F
Dividend Return -0.03% 22% F 28% F
Total Return 0.68% 22% F 31% F
Risk Return Profile  
Volatility (Standard Deviation) 6.42% 89% A- 82% B
Risk Adjusted Return -0.39% 22% F 28% F
Market Capitalization 0.02B 13% F 5% F

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:
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.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.