ducovest

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

ETF | Global Neutral Balanced | Toronto Stock Exchange

Last Closing

CAD 17.5

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.

Company Website : www.purposeinvest.com

Currency: CAD

Country : Canada

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

Symbol Company Name Allocation
HYG iShares iBoxx $ High Yield Corporate Bond ETF 23.13 %
BND Vanguard Total Bond Market Index Fund ETF Shares 15.13 %
PID Invesco International Dividend Achievers ETF 7.31 %
PPT Putnam Premier Income Trust 2.03 %
MNY MoneyHero Limited Class A Ordinary Shares 1.51 %
XOM Exxon Mobil Corp 1.08 %
AEM Agnico Eagle Mines Limited 1.06 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-28 )

Largest Industry Peers for Global Neutral Balanced

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

-0.38 (-1.13%)

 CAD 3.32B
XBAL:CA iShares Core Balanced ETF Port.. 0.76 %

-0.50 (-1.64%)

 CAD 1.73B
VCNS:CA Vanguard Conservative ETF Port.. 0.25 %

-0.23 (-0.78%)

 CAD 0.52B
ZBAL:CA BMO Balanced ETF 0.00 %

-0.44 (-1.08%)

 CAD 0.27B
ZMI:CA BMO Monthly Income 0.61 %

-0.14 (-0.77%)

 CAD 0.14B
PINC:CA Purpose Multi-Asset Income Fun.. 0.99 %

+0.02 (+0.11%)

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

-0.05 (-0.36%)

 CAD 0.04B
PRP:CA Purpose Conservative Income Fu.. 0.71 %

-0.09 (-0.46%)

 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 1.86% 11% F 27% F
Dividend Return 5.31% 89% A- 74% C
Total Return 7.18% 22% F 33% F
Trailing 12 Months  
Capital Gain 1.86% 11% F 27% F
Dividend Return 5.31% 89% A- 74% C
Total Return 7.18% 22% F 33% F
Trailing 5 Years  
Capital Gain -5.30% 33% F 33% F
Dividend Return 26.50% 100% F 75% C
Total Return 21.20% 33% F 40% F
Average Annual (5 Year Horizon)  
Capital Gain 0.29% 22% F 32% F
Dividend Return 0.58% 11% F 25% F
Total Return 0.29% 22% F 24% F
Risk Return Profile  
Volatility (Standard Deviation) 7.21% 89% A- 84% B
Risk Adjusted Return 8.01% 11% F 25% 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.