PHE:CA:TSX-Purpose Tactical Hedged Equity Fund (CAD)

ETF | Alternative Equity Focused | Toronto Stock Exchange

Last Closing

CAD 34.9

Change

0.00 (0.00)%

Market Cap

CAD 0.02B

Volume

3.80K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The Purpose Tactical Hedged Equity Fund seeks to provide shareholders with (i) consistent long-term capital appreciation with an attractive risk-adjusted rate of return investing in a portfolio of American equities; and (ii) provide less volatility and low correlation to North American equity markets by hedging the fund?s exposure to overall market risk.

Inception Date: 03/09/2013

Primary Benchmark: ---

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.95 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-19 )

Largest Industry Peers for Alternative Equity Focused

Symbol Name Mer Price(Change) Market Cap
HAC:CA Global X Seasonal Rotation ETF 1.27 %

N/A

CAD 0.22B
HURA:CA Global X Uranium Index ETF 0.00 %

N/A

CAD 0.10B
HDGE:CA Accelerate Absolute Return Hed.. 0.00 %

N/A

CAD 0.04B

ETFs Containing PHE:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Alternative Equity Focused) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 10.34% 75% C 48% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 10.34% 75% C 44% F
Trailing 12 Months  
Capital Gain 16.96% 75% C 55% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 16.96% 75% C 49% F
Trailing 5 Years  
Capital Gain 37.84% 50% F 65% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 37.84% 50% F 57% F
Average Annual (5 Year Horizon)  
Capital Gain 7.70% 25% F 64% D
Dividend Return 7.70% 25% F 59% D-
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 11.12% 100% F 68% D+
Risk Adjusted Return 69.26% 50% F 84% B
Market Capitalization 0.02B 25% F 3% 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.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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.

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.