ducovest

BND:CA:TSX-Purpose Tactical Investment Grade Bond Fund (CAD)

ETF | Global Fixed Income | Toronto Stock Exchange

Last Closing

CAD 17.845

Change

0.00 (0.00)%

Market Cap

CAD 0.07B

Volume

5.65K

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The Purpose Tactical Investment Grade Bond Fund is designed to achieve positive total returns without taking on additional risk. The Fund maximizes the risk/return trade-off by enhancing bonds yields while managing duration across a broad range of Canadian & U.S. investment grade fixed income securities.

Company Website : www.purposeinvest.com

Currency: CAD

Country : Canada

Inception Date: 28/10/2015

Primary Benchmark: FTSE TMX Canada Corporate Bond TR CAD

Primary Index: Citi Canadian GBI CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.48 %

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: 2024-09-08 )

Largest Industry Peers for Global Fixed Income

Symbol Name Mer Price(Change) Market Cap
PMIF:CA PIMCO Monthly Income ETF 0.85 %

N/A

 CAD 2.65B
FGO:CA CI Enhanced Government Bond ET.. 0.97 %

N/A

 CAD 0.73B
FLGA:CA Franklin Global Aggregate Bond.. 0.39 %

N/A

 CAD 0.36B
FSB:CA CI Enhanced Short Duration Bon.. 0.77 %

N/A

 CAD 0.19B
XSE:CA iShares Conservative Strategic.. 0.56 %

N/A

 CAD 0.12B
XSC:CA iShares Conservative Short Ter.. 0.45 %

N/A

 CAD 0.06B
HAF:CA Global X Active Global Fixed I.. 0.82 %

N/A

 CAD 0.04B
PMNT:CA PIMCO Global Short Maturity Fu.. 0.00 %

N/A

 CAD 0.03B
ZMSB:CA BMO Sustainable Global Multi-S.. 0.67 %

N/A

 CAD 0.01B
PLDI:CA PIMCO Low Duration Monthly Inc.. 0.00 %

N/A

 CAD 2.03M

ETFs Containing BND:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Global Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.32% 92% A 30% F
Dividend Return 3.41% 82% B 80% B-
Total Return 5.74% 100% F 39% F
Trailing 12 Months  
Capital Gain 5.78% 92% A 35% F
Dividend Return 5.76% 82% B 84% B
Total Return 11.53% 100% F 47% F
Trailing 5 Years  
Capital Gain -5.83% 75% C 31% F
Dividend Return 13.41% 89% A- 59% D-
Total Return 7.58% 100% F 35% F
Average Annual (5 Year Horizon)  
Capital Gain -1.55% 75% C 28% F
Dividend Return 1.20% 100% F 34% F
Total Return 2.75% 91% A- 67% D+
Risk Return Profile  
Volatility (Standard Deviation) 7.28% 8% B- 80% B-
Risk Adjusted Return 16.46% 100% F 40% F
Market Capitalization 0.07B N/A N/A N/A N/A

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.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.